Fortis (FTS) Reports Q1 EPS of $0.69

Fortis (NYSE: FTS) reported Q1 EPS of $0.69, versus $0.67 reported last year.

"We had good first quarter earnings and remain on plan for the year," said Barry Perry, President and Chief Executive Officer, Fortis. "Increased earnings at UNS, driven by the rate settlement, and accretion from ITC will contribute to strong results for the remainder of 2017."

"The integration of ITC is going well. The final piece of permanent financing was put in place during the first quarter as we raised $500 million in common equity through a private placement. In addition, we are on track to deliver our capital plan for the year," said Mr. Perry.

For earnings history and earnings-related data on Fortis (FTS) click here.

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