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Stock impact report

Fortis Inc. Releases First Quarter 2024 Results [Yahoo! Finance]

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
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. 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 2023 Adjusted net earnings per common share of $0.93, up from $0.91 in the first quarter of 2023 Capital expenditures of $1.1 billion in the first quarter; $4.8 billion annual capital plan on track 2024 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 transmission and distribution business," said David Hutchens, President and Chief Executive Officer, Fortis. "With initiatives like the 2024 Climate Report, we continue to focus on delivering a cleaner energy future while providing Show less Read more
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