Fortis (FTS) Tops Q1 EPS by 9c
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Fortis Inc. Reports First Quarter 2020 Earnings¹
May 6, 2020 6:00 AM EDTST. JOHN'S, Newfoundland and Labrador, May 06, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results today.
Highlights
Fortis continues to provide safe, reliable service during the COVID-19 pandemicFirst quarter 2020 net earnings were $312Â million, or $0.67 per common shareStrong rate base growth during the quarter was tempered by delayed rates and charges associated with financial market volatility in ArizonaCapital expenditures of $1.2 billion,... More