Fortis (FTS) Q4 Earnings and Revenues Beat Estimates

Fortis (FTS) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of$ 0.57 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.51%. A quarter ago, it was expected that this electric and gas utility would post earnings of$ 0.59 per share when it actually produced earnings of $0.62, delivering a surprise of 5.08%.Over the last four quarters, the com ...