Fortis (FTS) Tops Q1 EPS by 7c

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Fortis Inc. Reports Strong First Quarter 2021 Results

May 5, 2021 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, May 05, 2021 (GLOBE NEWSWIRE) --

Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) released its first quarter results1 today.

Highlights

Provided safe and reliable service during the pandemicNet earnings of $355 million, or $0.76 per common shareAdjusted net earnings2 of $0.77 per common share, up from $0.68 in the first quarter of 2020EPS growth driven primarily by increased rate base and... More