Fortis Inc. Bottom Line Climbs In Q2
(RTTNews) - Fortis Inc. (FTS.TO) announced a profit for its second quarter that Increased, from the same period last year
The company's bottom line totaled C$396 million, or C$0.78 per share. This compares with C$384 million, or C$0.76 per share, last year.
The company's revenue for the period rose 4.1% to C$2.931 billion from C$2.815 billion last year.
Fortis Inc. earnings at a glance (GAAP) :
-Earnings: C$396 Mln. vs. C$384 Mln. last year. -EPS: C$0.78 vs. C$0.76 last year. -Revenue: C$2.931 Bln vs. C$2.815 Bln last year.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.