Fortis Inc. Q1 Sales Increase

(RTTNews) - Fortis Inc. (FTS.TO) released earnings for first quarter of C$562 million

The company's earnings came in at C$562 million, or C$0.99 per share. This compares with C$558 million, or C$1.00 per share, last year.

The company's revenue for the period rose 1.9% to C$3.403 billion from C$3.338 billion last year.

Fortis Inc. earnings at a glance (GAAP) :

-Earnings: C$562 Mln. vs. C$558 Mln. last year. -EPS: C$0.99 vs. C$1.00 last year. -Revenue: C$3.403 Bln vs. C$3.338 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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