Fortis Inc. Reports Third Quarter 2019 Earnings¹

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Go back to Fortis Inc. Reports Third Quarter 2019 Earnings¹

Fortis (FTS) Tops Q3 EPS by 8c

November 1, 2019 6:07 AM EDT

Fortis (NYSE: FTS) reported Q3 EPS of $0.66, $0.08 better than the analyst estimate of $0.58.

Highlights

Third quarter 2019 net earnings of $0.64 and adjusted net earnings2 of $0.66 per common shareCapital expenditures of $2.6 billion invested through September 2019Five-year capital plan of $18.3 billion for 2020 through 2024, up $1.0 billion from prior year's planFourth quarter 2019 common share dividend increase of 6.1%, marking 46 years of increasesAverage annual dividend growth target of 6% extended through 2024

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