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Over the past month, several of our utilities performed significant restoration efforts following the historic devastation caused by Hurricane Fiona," said David Hutchens, President and Chief Executive Officer, Fortis. "I want to thank our employees for their dedication, government and industry partners for their cooperation, and customers for their patience as we worked through the recovery

Fortis Inc. Releases Third Quarter 2022 Results and New Five-Year Capital Outlook

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 third quarter results1 and 2023-2027 capital investment plan

By Fortis
Published - Oct 28, 2022, 06:04 AM ET
Last Updated - Jul 19, 2024, 06:53 AM EDT

ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2022 (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 third quarter results1 and 2023-2027 capital investment plan.

Highlights

  • Third quarter net earnings of $326 million, or $0.68 per common share, up from $295 million, or $0.63 per common share in 2021
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