Fortis Inc. Reports Third Quarter 2018 Earnings

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Fortis Inc. (FTS:CN) (FTS) PT Raised to Cdn$50 at RBC Capital

November 5, 2018 7:40 AM EST

RBC Capital analyst Robert Kwan raised the price target on Fortis Inc. (FTS:CN) (NYSE: FTS) to Cdn$50.00 (from Cdn$49.00) while maintaining a Outperform rating.

Kwan commented, "The solid Q3/18 results not only reinforce Fortis's strong underlying business but also serve as a... More

Fortis (FTS) Tops Q3 EPS by 7c

November 2, 2018 6:06 AM EDT

Fortis (NYSE: FTS) reported Q3 EPS of $0.65, $0.07 better than the analyst estimate of $0.58.

"During the third quarter, all of our regulated utilities performed well and we made good progress towards completing our $3.2 billion capital plan for 2018," said Barry Perry, President and Chief... More