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Fortis' Q1 Adjusted Earnings Increase, Revenue Decreases
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Fortis' Q1 Adjusted Earnings Increase, Revenue Decreases
May 1, 2024 4:38 AM

07:05 AM EDT, 05/01/2024 (MT Newswires) -- Fortis ( FTS ) reported Q1 adjusted earnings Wednesday of 0.93 Canadian dollars ($0.68) per share, up from CA$0.91 a year earlier.

Analysts polled by Capital IQ expected CA$0.89.

Revenue for the quarter ended March 31 was CA$3.12 billion, down from CA$3.32 billion a year earlier.

Two analysts surveyed by Capital IQ expected CA$3.44 billion.

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