Fortis (FTS) Misses Q2 EPS by 4c
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Fortis Inc. Reports Second Quarter 2019 Earnings¹
August 2, 2019 6:00 AM EDTHighlights
Second quarter 2019 net earnings of $1.66 per common share. The results were impacted by weather.After-tax gain on sale of Waneta Expansion Hydroelectric Project ("Waneta Expansion") of $484Â millionAdjusted net earnings2 of $0.54 per common share2019 capital expenditure plan increased by $0.6 billion to $4.3 billionUtilized $142 million at-the-market common equity program to fund incremental 2019 capital planST. JOHN'S, Newfoundland and Labrador, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a leader in the North American regulated electric and gas... More
