Free Trial

Fortis Q3 2024 Earnings Report

Fortis logo
$41.86 +0.03 (+0.07%)
(As of 12/26/2024 05:11 PM ET)

Fortis EPS Results

Actual EPS
$0.85
Consensus EPS
$0.59
Beat/Miss
Beat by +$0.26
One Year Ago EPS
$0.63

Fortis Revenue Results

Actual Revenue
$2.03 billion
Expected Revenue
$2.01 billion
Beat/Miss
Beat by +$25.97 million
YoY Revenue Growth
N/A

Fortis Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
Mysterious drone activity triggers massive 1,366% surge (Ad)

If mysterious drones buzzing over the East Coast weren’t on your radar this year, you’re not alone. But here’s what you really need to know: An early warning signal tipped off investors to a tiny drone stock that later skyrocketed 1,366%.

👉 Click here now to see how this signal works.

Fortis Earnings Headlines

Fortis Inc. Announces Board of Directors Changes
Fortis Inc. Announces Changes to Its Board of Directors
Your chance to get on the next “60-Second Trade”
Ever heard of the “60-Second Trade”? It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days… In on Monday, out on Friday!
Fortis Inc. Announces Changes to Its Board of Directors
See More Fortis Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Fortis? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Fortis and other key companies, straight to your email.

About Fortis

Fortis (NYSE:FTS) operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,087,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 592,000 customers in southern and central Alberta; owns four hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 145 MW; and on Prince Edward Island with a generating capacity of 90 MW. Additionally, it provides integrated electric utility service to approximately 69,000 customers in Ontario; approximately 275,000 customers in Newfoundland and Labrador; approximately 34,000 customers on Grand Cayman, Cayman Islands; and approximately 17,000 customers on certain islands in Turks and Caicos. It also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,500 circuit Kilometers (km) of distribution lines; and approximately 51,600 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.

View Fortis Profile

More Earnings Resources from MarketBeat