Fortis (FTS) Tops Q1 EPS by 30c

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Fortis Inc. Releases First Quarter 2023 Results

May 3, 2023 6:10 AM EDT

ST. JOHN'S, Newfoundland and Labrador, May 03, 2023 (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.

Highlights

First quarter net earnings of $437 million, or $0.90 per common share, up from $350 million, or $0.74 per common share in 2022Adjusted net earnings per common share2 of $0.91, up from $0.78 in the first quarter of 2022Capital expenditures2... More