Fortis (FTS) Tops Q1 EPS by 17c

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Go back to Fortis (FTS) Tops Q1 EPS by 17c

Fortis Inc. Releases First Quarter 2022 Results and Announces Net-Zero Target

May 4, 2022 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, May 04, 2022 (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 results1 and announced a 2050 net-zero target.

Highlights

First quarter net earnings of $350 million, or $0.74 per common shareAdjusted net earnings2 of $0.78 per common share, up from $0.77 in the first quarter of 2021Capital expenditures2 of $1.0... More