Fortis (FTS) Misses Q2 EPS by 15c

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Fortis Inc. Releases Second Quarter 2021 Results and Sustainability Update

July 29, 2021 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, July 29, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) released its second quarter results1 and 2021 Sustainability Update today.

Highlights

Second quarter net earnings of $253 million, or $0.54 per common shareAdjusted net earnings2 of $0.55 per common share; strong growth over the second quarter of 2020 excluding the impact of foreign exchangeCapital expenditures of $1.7 billion in the first half of 2021; $3.8 billion annual capital plan on trackFortis has signed on as a supporter of the Task Force on Climate-Related Financial... More