Fortis (FTS) Surpasses Q4 Earnings and Revenue Estimates

分组1 - Fortis reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and showing an increase from $0.59 per share a year ago, resulting in an earnings surprise of +5.26% [1] - The company achieved revenues of $2.21 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.38%, and up from $2.11 billion year-over-year [2] - Fortis has outperformed the S&P 500 with a share price increase of about 4.9% since the beginning of the year, compared to the S&P 500's gain of 1.4% [3] 分组2 - The earnings outlook for Fortis is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Fortis was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - Current consensus EPS estimate for the next quarter is $0.73 on revenues of $2.38 billion, and for the current fiscal year, it is $2.59 on revenues of $9.26 billion [7] 分组3 - The outlook for the Utility - Electric Power industry, where Fortis operates, is currently in the bottom 44% of over 250 Zacks industries, which may impact stock performance [8] - Algonquin Power & Utilities, a peer in the same industry, is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of -16.7%, with revenues projected at $588.72 million, up 0.7% from the previous year [9][10]