Fortis Inc. Reports Second Quarter 2018 Earnings

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Go back to Fortis Inc. Reports Second Quarter 2018 Earnings

Fortis (FTS) Reports Q2 EPS Below Consensus

July 31, 2018 6:21 AM EDT

Fortis (NYSE: FTS) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58.

The Corporation reported second quarter 2018 net earnings of $240 million, or $0.57 per common share.

"Our performance in the first half of 2018 positions us well for the year. With capital expenditures on track, we are executing on our growth strategy, and yielding quality operational and financial results from our utility businesses," said Barry Perry,... More