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Stock impact report

Fortis Inc. Releases First Quarter 2024 Results

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, May 01, 2024 (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 results.1 Highlights First quarter net earnings of $459 million or $0.93 per common share, up from $437 million or $0.90 per common share in 2023Adjusted net earnings per common share2 of $0.93, up from $0.91 in the first quarter of 2023Capital expenditures2 of $1.1 billion in the first quarter; $4.8 billion annual capital plan on track2024 Climate Report released in March 2024 "We extended our solid growth momentum through the first quarter of 2024, underpinned by the strength of our diversified transm Show less Read more
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