Core Insights - The author transitioned from a traditional financial career to focus on personal finance education through online platforms [1] Group 1: Background and Experience - The author has a background in finance-marketing, holding a bachelor's degree, CFP title, and an MBA in financial services [1] - The author worked in private banking for five years before deciding to pursue a different path [1] Group 2: Career Transition - In 2016, the author traveled across North America and Central America with family, which influenced the decision to leave the financial industry [1] - The author quit the traditional job in 2017 to help others with personal finance through investing websites [1]

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Fortis (FTS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.Fortis is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our ...

Core Viewpoint - Fortis Inc. reported a strong start to 2025, with a focus on executing capital programs and pursuing investment opportunities while maintaining a commitment to affordable energy and dividend growth of 4-6% through 2029 [2][10]. Financial Performance - The Corporation's net earnings for Q1 2025 were $499 million, or $1.00 per common share, reflecting an increase of $40 million or $0.07 per share compared to Q1 2024, driven by rate base growth and favorable exchange rates [3][9]. - Capital expenditures for the first quarter were $1.4 billion, part of a $5.2 billion annual capital plan that remains on track [9]. Regulatory Developments - The British Columbia Utilities Commission approved FortisBC's rate framework for 2025-2027, providing clarity and stability for operating expenses and capital investments [4]. Credit Ratings - Moody's confirmed Fortis' Baa3 issuer and senior unsecured debt ratings with a stable outlook in March 2025, while DBRS confirmed an A (low) rating in May 2025 [5]. Capital Plan and Growth Outlook - Fortis has a $26.0 billion five-year capital plan aimed at increasing the midyear rate base from $39.0 billion in 2024 to $53.0 billion by 2029, translating to a compound annual growth rate of 6.5% [8][10]. - The Corporation is exploring further growth opportunities, including electric transmission grid expansion and investments in renewable energy infrastructure [12]. Environmental Commitment - Fortis has reduced its direct greenhouse gas emissions by 34% from a 2019 baseline and aims for a 50% reduction by 2030 and 75% by 2035, with a long-term goal of net-zero emissions by 2050 [13].

Core Viewpoint - The market anticipates Fortis (FTS) to report flat earnings of $0.69 per share for the quarter ended March 2025, with revenues expected to increase by 2.9% to $2.38 billion compared to the previous year [3][12]. Earnings Expectations - The consensus EPS estimate has been revised 3.09% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. - Fortis has an Earnings ESP of +1.23%, suggesting a likelihood of beating the consensus EPS estimate [11][10]. Historical Performance - Fortis has consistently surpassed consensus EPS estimates, achieving this in the last four quarters [13]. - In the last reported quarter, Fortis exceeded expectations by delivering earnings of $0.59 per share against an estimate of $0.57, resulting in a surprise of +3.51% [12]. Industry Context - American Electric Power (AEP), a peer in the utility sector, is expected to report earnings of $1.39 per share, reflecting a year-over-year increase of +9.5% with revenues projected at $5.34 billion, up 6.7% [17]. - AEP's consensus EPS estimate has been revised 13.4% higher in the last 30 days, with an Earnings ESP of 0.54%, indicating a potential earnings beat [18].

ST. JOHN'S, Newfoundland and Labrador, April 29, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2025 financial results on Wednesday, May 7, 2025. 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 first quarter financial results. Shareholders, analysts, memb ...

The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Fortis (FTS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Fortis is a member of our Utilities group, which includes 106 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sect ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Fortis (FTS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inve ...

Core Points - Fortis Inc. will release its first quarter 2025 financial results on May 7, 2025, with a teleconference scheduled for 8:30 a.m. Eastern Time [1] - The teleconference will feature discussions led by David Hutchens, President and CEO, and Jocelyn Perry, Executive Vice President and CFO [1] - Shareholders and analysts can participate in the teleconference via a live webcast on the company's website [2] - Participants in Canada and the U.S. can join the call toll-free, while international participants have a separate number to dial [3] - A replay of the teleconference will be available two hours after the call until June 7, 2025 [4] Company Information - Fortis is a leader in the North American regulated electric and gas utility industry, reporting $12 billion in revenue for 2024 and total assets of $73 billion as of December 31, 2024 [6] - The company employs 9,800 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [6] - Fortis shares are publicly traded on both the TSX and NYSE under the symbol FTS [6] Upcoming Events - The 2025 Annual Meeting of Shareholders is scheduled for May 8, 2025, at 9:00 a.m. Eastern Time, with both in-person and online attendance options [5] - Shareholders will have the opportunity to submit questions during the Q&A portion of the webcast [5]

Core Insights - The analysis focuses on Fortis Inc. (NYSE: FTS), highlighting a previous buy rating and the release of its Full-Year 2024 report [1] Group 1: Company Overview - Fortis Inc. is a significant player in the utility sector, with a focus on delivering reliable energy services [1] - The company has been recognized for its strong performance and growth potential in the market [1] Group 2: Financial Performance - The Full-Year 2024 report is anticipated to provide insights into the company's financial health and operational efficiency [1] - Analysts expect the report to reflect positive trends in revenue and profitability, contributing to investor confidence [1]