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Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
An Unusual Way to Invest in Gold (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
An Unusual Way to Invest in Gold (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
An Unusual Way to Invest in Gold (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000

Fortis (FTS) Earnings Date, Estimates & Call Transcripts

$39.06
+0.12 (+0.31%)
(As of 02/9/2024 08:56 PM ET)
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Earnings Summary

Upcoming
Earnings Date
May. 1Estimated
Actual EPS
(Feb. 9)
$0.53 Beat By $0.01
Consensus EPS
(Feb. 9)
$0.52
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

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 released its quarterly earnings results on February 9th, 2024. The utilities provider reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates 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 17.0. Earnings for Fortis are expected to grow by 2.99% in the coming year, from $2.34 to $2.41 per share. Fortis has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 1st, 2024 based off prior year's report dates.

Fortis Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Estimated)		------- 
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 not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 1st, 2024 based off last year's report dates. 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 $8.49 billion.

How much profit does Fortis generate each year?

Fortis (NYSE:FTS) has a recorded net income of $1.07 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 16.98 and a forward price-to-earnings ratio of 16.69. The price/earnings-to-growth ratio is 2.98.

What is Fortis's EPS forecast for next year?

Fortis's earnings are expected to grow from $2.34 per share to $2.41 per share in the next year, which is a 2.99% increase.


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This page (NYSE:FTS) was last updated on 2/12/2024 by MarketBeat.com Staff

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