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Fortis Inc expected to post earnings of 76 cents a share - Earnings Preview

Fortis Inc <FTS.TO> expected to post earnings of 76 cents a share - Earnings Preview 
  • Fortis Inc FTS.TO is expected to show a fall in quarterly revenue when it reports results on July 31 for the period ending June 30 2026

  • The St. Johns Newfoundland And Labrador-based company is expected to report a 7.1% decrease in revenue to C$2.616 billion from C$2.82 billion a year ago, according to the estimate from one analyst, based on LSEG data.

  • ​LSEG's mean analyst estimate for Fortis Inc is for earnings of 76 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 9 "hold" and 3 "sell" or "strong sell."

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

  • Wall Street's median 12-month price target for Fortis Inc is C$82.00, about 0.5% below its last closing price of C$82.39

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2026

0.99

1.00

0.99

Missed

-0.6

Dec. 31 2026

0.85

0.85

0.90

Beat

6

Sep. 30 2025

0.85

0.85

0.81

Missed

-4.3​

Jun. 30 2025

0.70

0.70

0.76

Beat

8.5

​​Mar. 31 2025

0.97

0.97

1.00

Beat

2.8

Dec. 31 2024

0.81

0.81

0.83

Beat

2.1​

Sep. 30 2024

0.82

0.82

0.85

Beat

3.5

Jun. 30 2024

0.65

0.65

0.67

Beat

2.7

This summary was machine generated July 29 at 12:36 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)

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