Earnings Preview: Fortis
Fortis (NYSE:FTS) is preparing to release its quarterly earnings on Friday, 2025-08-01. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Fortis to report an earnings per share (EPS) of $0.51.
Anticipation surrounds Fortis's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
In the previous earnings release, the company missed EPS by $0.00, leading to a 2.53% drop in the share price the following trading session.
Here's a look at Fortis's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.7 | 0.57 | 0.59 | 0.48 |
| EPS Actual | 0.7 | 0.59 | 0.62 | 0.49 |
| Price Change % | -3.0% | 0.0% | -1.0% | -0.0% |
Market Performance of Fortis's Stock
Shares of Fortis were trading at $49.0 as of July 30. Over the last 52-week period, shares are up 14.68%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Fortis visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
