Fortis (FTS) Tops Q3 EPS by 7c

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Fortis Inc. Reports Third Quarter 2020 Earnings

October 30, 2020 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, Oct. 30, 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 third quarter results1 today.

Highlights

Continued to deliver safe and reliable service throughout the pandemicDelivered third quarter 2020 net earnings of $0.63 per common share and adjusted net earnings2 of $0.65 per common shareExecution of $4.3 billion annual capital plan on track with $2.9 billion invested through SeptemberReleased new five-year capital plan of $19.6 billion, up $0.8 billion from prior... More