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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Closing prices for crude oil, gold and other commodities
Salesforce Stock Analysis: Deep Dive into CRM Market Performance
Comprehensive Analysis of PayPal Stock
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Closing prices for crude oil, gold and other commodities
Salesforce Stock Analysis: Deep Dive into CRM Market Performance
Comprehensive Analysis of PayPal Stock
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Closing prices for crude oil, gold and other commodities
Salesforce Stock Analysis: Deep Dive into CRM Market Performance
Comprehensive Analysis of PayPal Stock

Fortis (FTS) Earnings Date, Estimates & Call Transcripts

$38.47
+0.42 (+1.10%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
Before Market Opens
Confirmed
Actual EPS
(Feb. 9)
$0.53 Beat By $0.01
Consensus EPS
(Feb. 9)
$0.52
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 20241$0.61$0.61$0.61
Q2 20241$0.52$0.52$0.52
Q3 20241$0.63$0.63$0.63
Q4 20241$0.61$0.61$0.61
FY 20244$2.37$2.37$2.37

FTS Earnings Date and Information

Fortis last posted its quarterly earnings results on February 9th, 2024. The utilities provider reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The firm had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $2.39 billion. Fortis has generated $2.30 earnings per share over the last year ($2.30 diluted earnings per share) and currently has a price-to-earnings ratio of 16.7. Earnings for Fortis are expected to grow by 0.42% in the coming year, from $2.39 to $2.40 per share. Fortis has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Fortis will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call. or dial in at 289-819-1325 with passcode "46112#".

Fortis Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
2/9/2024Q4 2023$0.52$0.53+$0.01$0.48$2.39 billion$2.12 billion    
10/27/2023Q3 2023$0.57$0.63+$0.06$0.66$1.99 billion$2.03 billion
8/2/2023Q2 2023$0.46$0.46-$0.47$1.99 billion$1.93 billion    
5/3/2023Q1 2023$0.61$0.67+$0.06$0.67$2.25 billion$2.45 billion
2/10/2023Q4 2022$0.53$0.53-$0.49$2.06 billion$2.33 billion
10/28/2022Q3 2022$0.50$0.54+$0.04$0.56$1.69 billion$1.96 billion
7/28/2022Q2 2022$0.48$0.44($0.04)$0.42$1.73 billion$1.95 billion
5/4/2022Q1 2022$0.61$0.62+$0.01$0.66$2.05 billion$2.24 billion
2/11/2022Q4 2021$0.57$0.50($0.07)$0.45$2.34 billion$2.06 billion    
10/28/2021Q3 2021$0.52$0.64+$0.12$0.53$2.19 billion$1.74 billion    
7/29/2021Q2 2021$0.48$0.45($0.03)$0.46$1.56 billion$1.73 billion
5/5/2021Q1 2021$0.60$0.77+$0.17$0.60$2.39 billion$1.95 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 (NYSE:FTS) reported $0.53 earnings per share (EPS) to beat the analysts' consensus estimate of $0.52 by $0.01. Learn more on analysts' earnings estimate vs. FTS's actual earnings.

How can I listen to Fortis's earnings conference call?

The conference call for Fortis's latest earnings report can be listened to online. Listen to Conference Call

How can I read Fortis's conference call transcript?

The conference call transcript for Fortis's latest earnings report can be read online. Read Transcript

How much revenue does Fortis generate each year?

Fortis (NYSE:FTS) has a recorded annual revenue of $8.53 billion.

How much profit does Fortis generate each year?

Fortis (NYSE:FTS) has a recorded net income of $1.17 billion. FTS has generated $2.30 earnings per share over the last four quarters.

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

Fortis (NYSE:FTS) has a trailing price-to-earnings ratio of 16.73 and a forward price-to-earnings ratio of 16.10. The price/earnings-to-growth ratio is 2.66.

What is Fortis's EPS forecast for next year?

Fortis's earnings are expected to grow from $2.39 per share to $2.40 per share in the next year, which is a 0.42% increase.


More Earnings Resources from MarketBeat

This page (NYSE:FTS) was last updated on 4/20/2024 by MarketBeat.com Staff

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