Fortis (FTS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

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].