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Tag: FTS
Fortis Delivers Solid Q1 as Regulated Growth Drives Earnings
Canadian utility giant Fortis Inc. (TSX:FTS)(NYSE:FTS) reported its first-quarter earnings on May 7. It was a robust start to 2025, with the company’s net earnings rising to $499 million, or $1.00 per share, up from $459 million, or $0.93 per share, a year ago. The gain was fueled by organic rate base growth across its… Read more
Best Canadian Stocks to Buy for 2025
The TSX has been on a strong run this year, reflecting the resilience of the Canadian economy and the solid performance of key sectors such as energy, financials, and technology. Amid rising global uncertainty and fears of a potential market correction, many investors are reevaluating their portfolios. Focusing on value-oriented stocks can help mitigate risk… Read more
Fortis Reports Q3 Growth and Strengthens Long-Term Outlook
Third-Quarter Financial Highlights Fortis (TSX:FTS)(NYSE:FTS) reported third-quarter net earnings of $420 million, or $0.85 per share, up from $394 million or $0.81 per share in the same period last year. This improvement reflects regulated rate base growth across its portfolio and favorable earnings adjustments at Tucson Electric Power (TEP) due to new rates effective since… Read more