Fortis Q1 EPS $0.72 Beats $0.69 Estimate, Sales $2.481B Beat $2.440B Estimate

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Fortis Inc.

FTS

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Fortis (NYSE: FTS) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.69 by 4.35 percent. This is a 2.86 percent increase over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $2.481 billion which beat the analyst consensus estimate of $2.440 billion by 1.68 percent. This is a 6.71 percent increase over sales of $2.325 billion the same period last year.