Fortis (FTS) Tops Q2 EPS by 16c

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Fortis Inc. Releases Second Quarter 2023 ResultsĀ and Sustainability Update Report

August 2, 2023 6:00 AM EDT

ST. JOHN'S, Newfoundland and Labrador, Aug. 02, 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 second quarter results1 and 2023 Sustainability Update Report.

Highlights

Second quarter net earnings of $294 million or $0.61 per common share, up from $284 million or $0.59 per common share in 2022Adjusted net earnings per common share2 of $0.62, up from $0.57 in the second quarter of 2022Capital... More