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]

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) 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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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Transaction Details - Fortis Inc's subsidiary, Fortis Energy Caribbean Inc (FECI), has agreed to provide a standby commitment for a rights offering by Caribbean Utilities Company, Ltd (CUC) [1] - CUC will issue up to 3,822,298 Class A Ordinary Shares, representing 10% of its currently issued and outstanding shares [1] - FECI will acquire a minimum of 2,220,422 CUC Shares at US$13.41 per share, totaling US$29,775,859.02 [1] - FECI may acquire up to 1,601,876 additional CUC Shares at the same price, potentially totaling 3,822,298 shares for US$51,257,016.18 [2] - The consideration in Canadian dollars is C$18.19 per share or C$69,527,600.62 if there are no other subscribers [2] Ownership Impact - Prior to the rights offering, Fortis indirectly owned 22,204,229 CUC Shares, representing approximately 58% of CUC Shares [3] - Post-closing, Fortis will own approximately 58% of CUC Shares if fully subscribed, or approximately 62% if there are no other subscribers [3] Purpose of the Rights Offering - The rights offering aims to provide CUC with capital for alternative energy projects, upgrades to generation, transmission, and distribution systems, and general corporate purposes [4] Fortis Overview - Fortis is a diversified leader in the North American regulated electric and gas utility industry with 2023 revenue of $12 billion and total assets of $69 billion as of June 30, 2024 [7] - The company serves utility customers in five Canadian provinces, ten U S states, and three Caribbean countries [7] Additional Information - Fortis will file an early warning report in accordance with applicable securities laws [6] - The company's head office is located in St John's, Newfoundland and Labrador, while CUC's head office is in Grand Cayman, Cayman Islands [8]