Fortis (FTS) Surpasses Q3 Earnings and Revenue Estimates

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 ...