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Fortis Inc. Announces Changes to Its Board of Directors
Globenewswire· 2024-12-23 21:35
ST. JOHN'S, Newfoundland and Labrador, Dec. 23, 2024 (GLOBE NEWSWIRE) -- This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today announced changes to its Board of Directors. The Board has accepted Ms. Lisa Crutchfield’s resignation as a director of the Corporation effective December 31, 2024, and ...
Behind The Billions: Fortis' Ambitious Vision For 2029
Seeking Alpha· 2024-12-05 00:23
You might not hear much about utilities unless your power goes out. But I've been watching Fortis Inc. (NYSE: FTS ), (TSX: FTS:CA ), and I think there's more to this story than just keeping the lights on.Rick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and ...
Fortis Inc. Announces First Quarter Dividends – 2025
GlobeNewswire News Room· 2024-12-04 19:00
Core Points - Fortis Inc. has declared dividends for various preference shares and common shares, payable on March 1, 2025, to shareholders of record as of February 18, 2025 [2] - The declared dividends include $0.3063 per share for Series "F", $0.3826875 for Series "G", $0.11469 for Series "H", $0.313952 for Series "I", $0.2969 for Series "J", $0.3418125 for Series "K", $0.3433125 for Series "M", and $0.615 for Common Shares [2] - The dividends are designated as eligible dividends for federal and provincial dividend tax credit purposes [3] Company Overview - Fortis is a leading diversified company in the North American regulated electric and gas utility industry, with 2023 revenue of $12 billion and total assets of $70 billion as of September 30, 2024 [4] - The company employs 9,600 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [4] - Fortis shares are listed on both the TSX and NYSE under the symbol FTS [4]
Anima Research receives investment from BNP Paribas Fortis Private Equity to support expansion of its industry-leading clinical trials business in Europe
GlobeNewswire News Room· 2024-12-03 06:00
Alken, Belgium – 3 December 2024: Anima Research (“Anima”), a leading European clinical trials center, today announces that it has received investment from BNP Paribas Fortis Private Equity, which will provide support for the Company as it expands its clinical trial operations in Europe. Anima is one of the most successful clinical trials centers in Europe, working across a range of therapeutic areas and significantly outperforming the industry average for patient recruitment and retention. Data show that ...
Fortis (FTS) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 13:16
Fortis (FTS) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.08%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.47 per share when it actually produced earnings of $0.49, delivering a surprise of 4.26%.Over the last four quarters, the com ...
Fortis Inc. Releases Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-05 11:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Nov. 05, 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 third quarter results.1 Highlights Third quarter net earnings of ...
Earnings Preview: Fortis (FTS) Q3 Earnings Expected to Decline
ZACKS· 2024-10-29 15:07
Fortis (FTS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers are better than expe ...
Advisory: Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-28 20:35
ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2024 financial results on Tuesday, November 5, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results. Shareholders, analysts, me ...
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-17 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Fortis (FTS) , which belongs to the Zacks Utility - Electric Power industry. When looking at the last two reports, this electric and gas utility has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.20%, on average, in the last two quarters. For the most recent quarter, Fortis was expected to post earnings of $0. ...
Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
GlobeNewswire News Room· 2024-09-26 10:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Sept. 26, 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 2025-2029 outlook1. Highlights 2025-2029 capital plan of $26 bil ...