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Fortis (FTS) Earnings Date, Estimates & Call Transcripts

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$44.70 -0.05 (-0.11%)
(As of 11/20/2024 ET)

Fortis Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 14Estimated
Actual EPS
(Nov. 5)
$0.85 Beat By $0.26
Consensus EPS
(Nov. 5)
$0.59

Fortis issued Q3 2024 earnings on November 5, 2024, reporting an EPS of $0.85, which topped the consensus estimate of $0.59 by $0.26. Quarterly revenue was reported to be $2.03 billion, above the consensus estimate of $2.01 billion. With a trailing EPS of $2.38 and a P/E Ratio of 18.78, Fortis' earnings are expected to grow 3.88% next year, from $2.32 to $2.41 per share.

FTS Upcoming Earnings

Fortis' next earnings date is estimated for Friday, February 14, 2025, based off prior year's reporting schedules.

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FTS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FTS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Fortis Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.64$0.67$0.66
Q2 20242$0.47$0.47$0.47
Q3 20242$0.55$0.59$0.57
Q4 20241$0.62$0.62$0.62
FY 20247$2.28$2.35$2.32
Q1 20251$0.67$0.67$0.67
Q2 20251$0.47$0.47$0.47
Q3 20251$0.61$0.61$0.61
Q4 20251$0.65$0.65$0.65
FY 20254$2.40$2.40$2.40

Fortis Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/14/2025
(Estimated)
------- 
11/5/2024Q3 2024$0.59$0.85+$0.26$0.62$2.01B$2.03B    
7/31/2024Q2 2024$0.47$0.49+$0.02$0.49$1.96B$1.95B
5/1/2024Q1 2024$0.65$0.69+$0.04$0.69$2.43B$2.31B    
2/9/2024Q4 2023$0.52$0.53+$0.01$0.48$2.39B$2.12B        
10/27/2023Q3 2023$0.57$0.63+$0.06$0.66$1.99B$2.03B    
8/2/2023Q2 2023$0.46$0.46-$0.47$1.99B$1.93B        
5/3/2023Q1 2023$0.61$0.67+$0.06$0.67$2.25B$2.45B    
2/10/2023Q4 2022$0.53$0.53-$0.49$2.06B$2.33B    

Fortis Earnings - Frequently Asked Questions

Fortis has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, February 14th, 2025 based off last year's report dates. Learn more on FTS's earnings history.

In the previous quarter, Fortis (NYSE:FTS) reported $0.85 earnings per share (EPS) to beat the analysts' consensus estimate of $0.59 by $0.26. Learn more on analysts' earnings estimate vs. FTS's actual earnings.

The conference call for Fortis's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Fortis's latest earnings report can be read online.
Read Transcript

Fortis (NYSE:FTS) has a recorded annual revenue of $8.53 billion.

Fortis (NYSE:FTS) has a recorded net income of $1.17 billion. FTS has generated $2.38 earnings per share over the last four quarters.

Fortis (NYSE:FTS) has a trailing price-to-earnings ratio of 18.78 and a forward price-to-earnings ratio of 19.27. The price/earnings-to-growth ratio is 4.04.

Fortis's earnings are expected to grow from $2.32 per share to $2.41 per share in the next year, which is a 3.88% increase.

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This page (NYSE:FTS) was last updated on 11/21/2024 by MarketBeat.com Staff
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