Fortis (FTS) Beats Q1 Earnings Estimates

Fortis (FTS) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.15%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.53 per share when it actually produced earnings of $0.53, delivering no surprise.Over the last four quarters, the company has ...