Fortis Inc expected to post earnings of 70 cents a share - Earnings Preview

Fortis

30/07/2025 13:44

Fortis Inc FTS.TO  is expected to  show a rise in quarterly revenue when it reports  results on August 1 for the period ending June 30 2025

The St. Johns Newfoundland And Labrador-based  company is expected to report a 3.1% increase in revenue to C$2.752 billion from C$2.67 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Fortis Inc is for earnings of 70 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 0.1% in the last three months. ‚Äč

Wall Street's median 12-month price target for Fortis Inc is C$70.00, about 4% above its last closing price of C$67.22

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.97
0.97
1.00
Beat
2.8
Dec. 31 2025
0.81
0.81
0.83
Beat
2.1
Sep. 30 2024
0.82
0.82
0.85
Beat
3.5‚Äč
Jun. 30 2024
0.65
0.65
0.67
Beat
2.7
‚Äč‚ÄčMar. 31 2024
0.89
0.89
0.93
Beat
4.1
Dec. 31 2023
0.71
0.70
0.72
Beat
2.2‚Äč
Sep. 30 2023
0.82
0.82
0.84
Beat
3.1
Jun. 30 2023
0.61
0.61
0.62
Beat
0.9

This summary was machine generated July 30 at 12:44 GMT.  All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)