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Stock impact report

Fortis Inc. Reports Third Quarter 2018 Earnings

Fortis Inc. Common Shares (FTS) 
Last fortis inc. common shares earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
ST. JOHN'S, Newfoundland and Labrador, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Fortis Inc. (TSX/NYSE:FTS) Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE:FTS), a leader in the North American regulated electric and gas utility industry, released its third quarter results today. The Corporation reported third quarter 2018 net earnings of $276 million, or $0.65 per common share. "During the third quarter, all of our regulated utilities performed well and we made good progress towards completing our $3.2 billion capital plan for 2018," said Barry Perry, President and Chief Executive Officer, Fortis. "We recently announced a new plan that lifts our annual capital expenditures to approximately $3.5 billion per year over the next five years. Regulated investments in grid modernization, the delivery of cleaner energy and natural gas infrastructure are driving growth." Reported Net EarningsThe Corporation reported third quarter net earnings attributable to common equity shareholders of $2 Show less Read more
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