The earnings call highlighted Fortis' strong financial performance, significant capital investments, and regulatory achievements, indicating a positive outlook. However, challenges related to regulatory lag, legislative changes, and regional growth constraints were noted, balancing the sentiment.

Company Guidance -

Q3 2025

During the Fortis Inc. Second Quarter 2025 Earnings Conference Call, the company reported strong financial performance and progress on several fronts. Capital expenditures reached nearly $3 billion in the first half of the year, supporting Fortis' objective of providing safe and reliable energy. The company posted an earnings per share (EPS) of $0.76 for the second quarter, marking a $0.09 increase compared to the same period last year. Net earnings for the quarter were $384 million. Fortis also highlighted a 34% reduction in Scope 1 greenhouse gas emissions since 2019 and announced advancements in significant projects, including the Roadrunner Reserve Battery Storage Project in Arizona. The company's rate base is expected to grow by about $14 billion to $53 billion by 2029, supporting an average annual rate base growth of 6.5%. Fortis remains committed to its dividend growth guidance of 4% to 6% annually through 2029. The company is also planning to convert 800 megawatts of coal-fired generation to natural gas by 2030 as part of its transition to cleaner energy sources.

Strong Earnings Growth

Fortis reported second quarter earnings per share of $0.76, a $0.09 increase from the same period last year. Year-to-date EPS was $1.76, reflecting a $0.16 increase over the prior year.

Significant Capital Expenditures

Capital expenditures of almost $3 billion were made during the first half of the year, supporting Fortis' core objective of delivering safe and reliable energy.

Sustainability Progress

Fortis achieved a 34% reduction in Scope 1 greenhouse gas emissions compared to 2019 levels, and the first phase of the Roadrunner Reserve Battery Storage Project commenced operation.

Regulatory Progress

Tucson Electric Power filed its general rate application, and Central Hudson reached a multiyear rate settlement agreement.

Dividend Growth Commitment

Fortis remains committed to its annual dividend growth guidance of 4% to 6% through 2029.

Fortis (FTS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FTS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	0.62 / -	0.617	―	―	―
Aug 01, 2025	2025 (Q2)	0.51 / 0.55	0.486	13.43% (+0.07)
May 07, 2025	2025 (Q1)	0.70 / 0.73	0.675	7.53% (+0.05)
Feb 14, 2025	2024 (Q4)	0.59 / 0.60	0.523	15.28% (+0.08)
Nov 05, 2024	2024 (Q3)	0.60 / 0.62	0.61	1.19% (<+0.01)
Jul 31, 2024	2024 (Q2)	0.47 / 0.49	0.45	8.06% (+0.04)
May 01, 2024	2024 (Q1)	0.65 / 0.68	0.661	2.20% (+0.01)
Feb 09, 2024	2023 (Q4)	0.51 / 0.52	0.523	0.00% (0.00)
Oct 27, 2023	2023 (Q3)	0.60 / 0.61	0.515	18.31% (+0.09)
Aug 02, 2023	2023 (Q2)	0.45 / 0.45	0.414	8.77% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FTS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$48.97	$49.89	+1.88%
May 07, 2025	$48.58	$49.30	+1.48%
Feb 14, 2025	$43.48	$44.03	+1.26%
Nov 05, 2024	$41.35	$42.82	+3.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fortis (FTS) report earnings?

Fortis (FTS) is schdueled to report earning on Oct 24, 2025, Before Open (Confirmed).

What is Fortis (FTS) earnings time?

Fortis (FTS) earnings time is at Oct 24, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FTS EPS forecast?

FTS EPS forecast for the fiscal quarter 2025 (Q3) is 0.62.

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