Fortis (FTS) Q2 Earnings and Revenues Beat Estimates

Fortis (FTS) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.84%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.69 per share when it actually produced earnings of $0.7, delivering a surprise of +1.45%.Over the last four quarters, the co ...