Fortis Q2 EPS $0.78 Misses $1.01 Estimate, Sales $2.931B Miss $3.522B Estimate
Fortis (TSX:FTS) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $1.01 by 22.77 percent. This is a 41.82 percent increase over earnings of $0.55 per share from the same
Fortis made less money than investors expected this quarter—their earnings were smaller than predicted. When a company misses what people hoped for, it can make investors worry about whether the company is doing as well as they thought.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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