Fortis (FTS) Tops Q2 EPS by 14c

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Go back to Fortis (FTS) Tops Q2 EPS by 14c

Fortis Reports Strong Second Quarter Earnings of $257 million

July 28, 2017 6:01 AM EDT

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 07/28/17 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS)(NYSE: FTS), a leader in the North American regulated electric and gas utility industry, released its second quarter results today.

"Two clear goals for us in 2017 were realizing the economic benefit of the acquisition of ITC, which remains nicely accretive, and securing a reasonable outcome in our first large rate case in Arizona since the announcement of the UNS Energy acquisition in 2013. Achievement of these two goals was a factor in... More