Fortis

Fortis, Inc. is a holding company, which engages in energy generation and distribution. It operates through the following business segments: Regulated Utilities and Non-Regulated. The Regulated Utilities segment is composed of ITC, which contains mainly of the electric transmission operations of the ITC regulated operating subsidiaries; UNS Energy that offers vertically integrated utility services; Central Hudson, which provides regulated electric and gas T&D utility services; FortisBC Energy distributes natural gas in British Columbia; FortisAlberta, which involves in the ownership and operation of regulated electricity distribution facilities; FortisBC Electric includes the ownership of hydroelectric generating plants, high voltage transmission lines, and a large network of distribution assets; and Other Electric that contains utilities in the eastern Canada and Caribbean. The Non-Regulated segment consists of energy Infrastructure, which is primarily comprised of long-term contracted generation assets in British Columbia and Belize, and a gas storage facility in British Columbia, and Corporate & Other includes expenses and revenue items not specifically related to business operations. The company was founded in 1885 and is headquartered in St. John's, Canada.

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Fortis, Inc. is a holding company, which engages in the electric and gas utility industry. It operates through the Regulated Utilities and Non-Regulated segments. The Regulated Utilities segment includes ITC Holdings, UNS Energy Corporation, Central Hudson, FortisBC Energy, Fortis Alberta, FortisBC Electric, and Other Electric. The Non-Regulated segment focuses on energy infrastructure and corporate and other. The company was founded in 1885 and is headquartered in St. John's, Canada.

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Fortis Inc. (FTS) CEO David Hutchens on Q2 2021 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of -6.25% and 11.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Misses Q2 Earnings Estimates

ST. JOHN'S, Newfoundland and Labrador, July 29, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) released its second quarter results1 and 2021 Sustainability Update today.

Fortis Inc. Releases Second Quarter 2021 Results and Sustainability Update

ST. JOHN'S, Newfoundland and Labrador, July 29, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has released its 2021 Sustainability Update.

Fortis Inc. Releases 2021 Sustainability Update and Announces Support for the Task Force on Climate-Related Financial Disclosures

ST. JOHN'S, Newfoundland and Labrador, July 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) has declared the following dividends:

Fortis Inc. Announces Third Quarter Dividends - 2021

ST. JOHN'S, Newfoundland and Labrador, July 21, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2021 financial results and 2021 Sustainability Update Report on Thursday, July 29, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter 2021 financial results.

Advisory: Fortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2021 Results

Fortis has an average annual 6% dividend growth guidance to 2025. Fortis has a long history of dividend growth.

Fortis Is A Dividend Grower With More Upside

Fortis Inc's (NYSE:FTS) stock is relatively more expensive than its peers and there seems to be limited upside ahead, “even if additional capex were to materialize within the current plan,” according to BofA Securities. The Fortis Analyst: Dariusz Lozny downgraded the rating for Fortis from Neutral to Underperform, while reducing the price target from $56 to $51.

BofA Downgrades Fortis On Premium Valuation, Near-Term Pressures

ST. JOHN'S, Newfoundland and Labrador, June 30, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2021 financial results and 2021 Sustainability Update Report on Thursday, July 29, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter 2021 financial results.

Fortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2021 Results

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Fortis Inc. (FTS) CEO David Hutchens on Q1 2021 Results - Earnings Call Transcript

Fortis (FTS) delivered earnings and revenue surprises of -1.67% and 3.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Fortis (FTS) Q1 Earnings Lag Estimates

ST. JOHN'S, Newfoundland and Labrador, May 05, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) released its first quarter results1 today.

Fortis Inc. Reports Strong First Quarter 2021 Results

Fortis (FTS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Fortis (FTS) Might Surprise This Earnings Season

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ST. JOHN'S, Newfoundland and Labrador, April 27, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2021 financial results on Wednesday, May 5, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's first quarter 2021 financial results.

Advisory: Fortis Inc. to Hold Teleconference on May 5 to Discuss First Quarter 2021 Results and Hold Virtual 2021 Annual Meeting on May 6

Semper Fortis Esports PLC (LON:SEMP) has begun its first day of dealings on the Access segment of the Aquis Stock Exchange in London following an oversubscribed fundraising. The firm, which is focused on establishing esports teams and technology partnerships as well as providing business advisory services, said it has raised around £2.5mln through the placing and subscription of 255.5mln new shares at a price of 1p each, giving it a market cap at admission of £4.2mln.

Semper Fortis Esports begins trading on Aquis Exchange following oversubscribed fundraising

ST. JOHN'S, Newfoundland and Labrador, April 07, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2021 financial results on Wednesday, May 5, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's first quarter 2021 financial results.

Fortis Inc. to Hold Teleconference on May 5 to Discuss First Quarter 2021 Results and Hold Virtual 2021 Annual Meeting on May 6

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Fortis Inc. (FTS) CEO David Hutchens on Q4 2020 Results - Earnings Call Transcript

ST. JOHN'S, Newfoundland and Labrador, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) today filed its audited Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2020, as well as its 2020 Annual Information Form, with Canadian securities regulatory authorities. The Corporation has also filed its Form 40-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedar.com (Canadian filings), www.sec.gov (U.S. filings) and the Corporation's website, www.fortisinc.com, or by emailing investorrelations@fortisinc.com.

Fortis Inc. Files 2020 Year-End Disclosure Documents

ST. JOHN'S, Newfoundland and Labrador, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2020 fourth quarter and annual financial results1 today.

News for Fortis Stock (FTS)