Fortis (TSX:
FTS) reported quarterly earnings of $1.00 per share which beat the analyst consensus estimate of $0.95 by 5.26 percent. This is a 7.53 percent increase over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $3.34 billion which beat the analyst consensus estimate of $3.31 billion by 0.88 percent. This is a 7.06 percent increase over sales of $3.12 billion the same period last year.