Fortis (FTS) Tops Q2 EPS by 11c

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Fortis Inc. Releases Second Quarter 2022 ResultsĀ and 2022 Sustainability Report

July 28, 2022 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, July 28, 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 second quarter results1 and 2022 Sustainability Report.

Highlights

Second quarter net earnings of $284 million, or $0.59 per common shareAdjusted net earnings2 of $0.57 per common share, up from $0.55 in the second quarter of 20212022 Sustainability Report released today highlighting the Corporation's progress on key sustainability initiativesCapital expenditures2 of $1.9 billion in the... More