Profitability ChallengesThe company's Q3 results are likely to be offset by higher O&M expenses, milder summer weather, and increased financing charges, which could impact profitability.
Regulatory ImpactFortis Alberta’s authorized ROE was reduced, potentially affecting the profitability of its operations in that region.
Valuation ConcernsAnalyst reiterates an Underperform rating on Canadian utility Fortis (FTS), suggesting that growth prospects are already reflected in the current valuation.