Analysts See $0.70 EPS for Fortis Inc. (FTS)

April 17, 2018 - By Ann Prendergast

Fortis Inc. (TSE:FTS) Logo

Analysts expect Fortis Inc. (TSE:FTS) to report $0.70 EPS on May, 1.They anticipate $0.01 EPS change or 1.45 % from last quarter’s $0.69 EPS. T_FTS’s profit would be $296.13M giving it 15.10 P/E if the $0.70 EPS is correct. After having $0.62 EPS previously, Fortis Inc.’s analysts see 12.90 % EPS growth. The stock increased 0.71% or $0.3 during the last trading session, reaching $42.27. About 543,033 shares traded. Fortis Inc. (TSE:FTS) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Fortis Inc. operates as an electric and gas utility firm in Canada, the United States, and the Caribbean. The company has market cap of $17.88 billion. It generates, transmits, and distributes electricity to approximately 420,000 retail clients in a territory comprising approximately 2,991 square kilometers located in southeastern Arizona, including the greater Tucson metropolitan area in Pima county, as well as parts of Cochise county; and 95,000 retail clients in Arizona??s Mohave and Santa Cruz counties with an aggregate capacity of 2,994 megawatts comprising 54 MW of solar capacity. It has a 18.3 P/E ratio. The firm also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 64 MW; and distributes natural gas to approximately 994,000 clients in approximately 135 communities in British Columbia, Canada.

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