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Fortis (FTS) Stock News, Feb-Aug 2023

FTS NYSE

Fortis Inc. reports developments as a North American regulated electric and gas utility company with operations serving customers in Canada, the United States and the Caribbean. News about FTS commonly covers quarterly and annual results, regulated utility rate matters, capital spending plans, transmission and distribution investments, utility debt funding, and dividend declarations on common and preference shares.

Recurring Fortis updates also include annual meeting matters, director elections, auditor appointments, advisory compensation votes, disclosure-document filings, and investor presentations. Company releases often connect operating results to regulated rate base growth, service-territory investment, reliability projects and the financing needs of its utility portfolio.

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Fortis Inc. (FTS) will announce its Q1 2023 financial results on May 3, 2023, at 8:30 a.m. Eastern time. President and CEO David Hutchens, along with CFO Jocelyn Perry, will discuss the results during a teleconference. Interested parties can join by calling 1.888.886.7786 (North America) or 1.416.764.8658 (International) and are encouraged to call 10 minutes early. A live and archived audio webcast will be accessible on the company's website. Additionally, Fortis will hold its Annual Meeting of Shareholders on May 4, 2023, at 9:00 a.m. Eastern, both in-person and online. This meeting will allow shareholders to submit questions during the Q&A session.

Fortis is a leading North American utility company, generating $11 billion in revenue and managing $64 billion in assets as of December 31, 2022, with over 9,200 employees serving customers across various regions.

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Fortis Inc. will announce its first quarter 2023 financial results on May 3, 2023, during a teleconference at 8:30 a.m. (Eastern). CEO David Hutchens and CFO Jocelyn Perry will discuss the results. Interested participants can join by calling 1.888.886.7786 (North America) or 1.416.764.8658 (International). The Annual Meeting of Shareholders is scheduled for May 4, 2023, at 9:00 a.m. (Eastern) in St. John's, Newfoundland. Fortis reported 2022 revenue of $11 billion and total assets of $64 billion as of December 31, 2022.

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Fortis Inc. has filed its audited Consolidated Financial Statements and Management Discussion for the year ending December 31, 2022. The reports indicate a revenue of $11 billion and total assets of $64 billion. The Corporation serves utility customers in five Canadian provinces, nine U.S. states, and three Caribbean countries. The Management Information Circular for the upcoming Annual Meeting of Shareholders is anticipated to be available in late March 2023. Fortis shares are listed on both the TSX and NYSE under the symbol FTS, with more information accessible via their official website.

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FAQ

What is the current stock price of Fortis (FTS)?

Fortis (FTS) last closed at $57.88.

What is the market cap of Fortis (FTS)?

The market cap of Fortis (FTS) is approximately $29.6B.