Fortis Inc <FTS.TO> expected to post earnings of 70 cents a share - Earnings Preview

• 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.

• ​LSEG'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. ​

• 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). ​

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)