Fortis (FTS) Tops Q1 EPS by 16c

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Go back to Fortis (FTS) Tops Q1 EPS by 16c

Fortis Inc. Reports First Quarter 2019 Earnings¹

May 1, 2019 6:01 AM EDT

Highlights

First quarter 2019 net earnings of $0.72 per common shareAdjusted net earnings2 of $0.74 per common share, up from $0.70 in the same period last yearAnnual capital expenditure plan on track with $0.7 billion invested during the quarterCompleted sale of interest in Waneta Expansion Hydroelectric Project for approximately $1 billionCompleted the repurchase of US$400 million corporate debt

ST. JOHN'S, Newfoundland and Labrador, May 01, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a leader in the North American regulated electric and... More