Fortis (FTS) Reports Q3 EPS of $0.54

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Go back to Fortis (FTS) Reports Q3 EPS of $0.54

Fortis Reports Third Quarter Earnings of $127 million

November 4, 2016 6:06 AM EDT

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 11/04/16 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS)(NYSE: FTS), a leader in the North American regulated electric and gas utility industry, released its third quarter results today. The Corporation's net earnings attributable to common equity shareholders for the third quarter were $127 million, or $0.45 per common share, compared to $151 million, or $0.54 per common share, for the third quarter of 2015. On a year-to-date basis, earnings were $396 million, or $1.40 per common share, compared to $593 million, or $2.13 per common share, for 2015. Results reflect... More