The earnings call presented a positive outlook with increased earnings per share, significant capital investments, and progress on sustainability and regulatory fronts. However, challenges included regulatory lag, higher finance costs, and tempered growth in certain segments.

Company Guidance

During the Fortis Inc. Second Quarter 2025 Earnings Conference Call, the company reported strong financial performance and strategic advancements. Capital expenditures reached nearly $3 billion in the first half of the year, supporting Fortis' core objective of delivering safe and reliable energy. The company achieved a second-quarter earnings per share of $0.76, marking a $0.09 increase from the previous year. Fortis also highlighted significant regulatory progress, including Tucson Electric Power's general rate application and a multiyear rate settlement agreement by Central Hudson. Sustainability efforts were underscored with a 34% reduction in Scope 1 greenhouse gas emissions from 2019 levels. Fortis remains on track with its growth strategy, anticipating a rate base increase to $53 billion by 2029, supporting an average annual growth of 6.5%. The company also announced plans to convert 800 megawatts of coal-fired generation to natural gas by 2030, aiming to be coal-free by 2032. Fortis reaffirmed its annual dividend growth guidance of 4% to 6% through 2029, emphasizing its commitment to delivering reliable service and strong shareholder returns.

Increased Earnings Per Share

Earnings per share for the second quarter were $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 same period last year.

Significant Capital Investments

Capital expenditures of almost $3 billion were made during the first half of the year, with investments in various projects including a 200-megawatt energy storage system.

Reduction in Greenhouse Gas Emissions

Achieved a 34% reduction in Scope 1 greenhouse gas emissions compared to 2019 levels, contributing to sustainability goals.

Progress on Regulatory Front

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

Dividend Growth Commitment

Committed to annual dividend growth guidance of 4% to 6% through 2029.

Data Center Development in Arizona

TEP reached an agreement with a data center customer to serve a demand of approximately 300 megawatts, with plans for further expansion.

Fortis (TSE: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 >

TSE:FTS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 24, 2025	2025 (Q3)	0.85 / -	0.85	―	―	―
Aug 01, 2025	2025 (Q2)	0.70 / 0.76	0.67	13.43% (+0.09)
May 07, 2025	2025 (Q1)	0.97 / 1.00	0.93	7.53% (+0.07)
Feb 14, 2025	2024 (Q4)	0.81 / 0.83	0.72	15.28% (+0.11)
Nov 05, 2024	2024 (Q3)	0.82 / 0.85	0.84	1.19% (+0.01)
Jul 31, 2024	2024 (Q2)	0.65 / 0.67	0.62	8.06% (+0.05)
May 01, 2024	2024 (Q1)	0.89 / 0.93	0.91	2.20% (+0.02)
Feb 09, 2024	2023 (Q4)	0.70 / 0.72	0.72	0.00% (0.00)
Oct 27, 2023	2023 (Q3)	0.82 / 0.84	0.71	18.31% (+0.13)
Aug 02, 2023	2023 (Q2)	0.61 / 0.62	0.57	8.77% (+0.05)

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

TSE:FTS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	C$67.20	C$68.18	+1.46%
May 07, 2025	C$66.31	C$67.60	+1.94%
Feb 14, 2025	C$61.16	C$61.89	+1.19%
Nov 05, 2024	C$57.01	C$58.72	+3.01%

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 (TSE:FTS) report earnings?

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

What is Fortis (TSE:FTS) earnings time?

Fortis (TSE: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 TSE:FTS EPS forecast?

TSE:FTS EPS forecast for the fiscal quarter 2025 (Q3) is 0.85.

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