FTS / Fortis: A Stable High-Yielding Utility That Is Too Expensive

Fortis, Inc. (NYSE:FTS ) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Stephanie Amaimo - VP, IR Jocelyn Perry - E more_horizontal

Fortis (FTS) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings o more_horizontal

ST. JOHN'S, Newfoundland and Labrador, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its more_horizontal

ST. JOHN'S, Newfoundland and Labrador, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its more_horizontal

Fortis (FTS) shares the details of its latest five-year capital expenditure plan, which is focused on improving the transmission business. It also app more_horizontal

Following July's market peak, stocks face significant pressure with 10-year Treasury yields at levels unseen since the financial crisis. Consequently, more_horizontal

Fortis is a utility conglomerate operating in Canada, the US, Central America, and the Caribbean. In the trailing quarter, Fortis reported increased r more_horizontal

Fortis delivered strong Q2/23 results, with adjusted earnings per share slightly above consensus and a 14% increase year to date. The company has big more_horizontal