S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Fortis (FTS) Earnings Date, Estimates & Call Transcripts

C$52.89
+0.51 (+0.97%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
Before Market Opens
Confirmed
Actual EPS
(Feb. 9)
C$0.72
Consensus EPS
(Feb. 9)
C$0.72
Skip Charts & View Estimated and Actual Earnings Data

FTS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FTS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Fortis Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241C$0.83C$0.83C$0.83
Q2 20241C$0.69C$0.69C$0.69
Q3 20241C$0.85C$0.85C$0.85
Q4 20241C$0.83C$0.83C$0.83
FY 20244C$3.20C$3.20C$3.20

FTS Earnings Date and Information

Fortis last posted its earnings data on February 9th, 2024. The reported C$0.72 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$0.72. The firm had revenue of C$2.89 billion for the quarter, compared to the consensus estimate of C$3.22 billion. Fortis has generated C$3.10 earnings per share over the last year (C$3.10 diluted earnings per share) and currently has a price-to-earnings ratio of 17.1. Fortis has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024.

Fortis Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
------- 
2/9/2024Q4 2023C$0.72C$0.72-C$0.66C$3.22 billionC$2.89 billion
10/27/2023Q3 2023C$0.78C$0.84+C$0.06C$0.87C$2.72 billionC$2.72 billion
8/2/2023Q2 2023C$0.61C$0.62+C$0.01C$0.63C$2.63 billionC$2.59 billion
5/3/2023Q1 2023C$0.82C$0.91+C$0.09C$0.92C$3.02 billionC$3.32 billion
2/10/2023Q4 2022C$0.70C$0.72+C$0.02C$0.67C$2.75 billionC$3.17 billion
10/28/2022Q3 2022C$0.68C$0.71+C$0.03C$0.74C$2.35 billionC$2.55 billion
7/28/2022Q2 2022C$0.62C$0.57C($0.05)C$0.55C$2.25 billionC$2.49 billion
5/4/2022Q1 2022C$0.77C$0.78+C$0.01C$0.82C$2.58 billionC$2.84 billion
2/11/2022Q4 2021C$0.72C$0.63C($0.09)C$0.57C$2.36 billionC$2.58 billion
10/29/2021Q3 2021C$0.64C$0.64-C$0.66C$2.11 billionC$2.20 billion
7/29/2021Q2 2021C$0.60C$0.55C($0.05)C$0.56C$1.97 billionC$2.13 billion
5/5/2021Q1 2021C$0.75C$0.77+C$0.02C$0.78C$2.36 billionC$2.54 billion

Fortis Earnings - Frequently Asked Questions

When is Fortis's earnings date?

Fortis has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on FTS's earnings history.

Did Fortis beat their earnings estimates last quarter?

In the previous quarter, Fortis (TSE:FTS) reported C$0.72 earnings per share (EPS) to hit the analysts' consensus estimate of C$0.72. Learn more on analysts' earnings estimate vs. FTS's actual earnings.

How much revenue does Fortis generate each year?

Fortis (TSE:FTS) has a recorded annual revenue of C$11.52 billion.

How much profit does Fortis generate each year?

Fortis (TSE:FTS) has a recorded net income of C$1.51 billion. FTS has generated C$3.10 earnings per share over the last four quarters.

What is Fortis's price-to-earnings ratio?

Fortis (TSE:FTS) has a trailing price-to-earnings ratio of 17.06 and a forward price-to-earnings ratio of 16.47. The price/earnings-to-growth ratio is 2.8.


More Earnings Resources from MarketBeat

This page (TSE:FTS) was last updated on 4/19/2024 by MarketBeat.com Staff

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