Fortis Non-GAAP EPS of C$0.92 beats by C$0.04 (FTS:NYSE)

Fortis reported a $65 million increase in net earnings for Q3 2026, reaching $474 million. The company's share price rose to 92 cents from 81 cents a year earlier, according to the company.

Fortis Inc. reported Q3 2026 net earnings of $474 million and announced a $32.2 billion capital plan for 2027-2031, up $3.4 billion from its prior plan. The plan focuses on transmission, LNG, and reliability investments, with 75% directed toward regulated projects. According to CEO David Hutchens, the growth is driven by customer growth and affordability.

Fortis Inc (FTS) reported Q3 2026 earnings with adjusted EPS up $0.05 YoY. The company unveiled a $32.2B five-year capital plan, up $3.4B, and raised its dividend by 4%, continuing 53 years of increases. Fortis also secured new growth opportunities, including a $1B project in Iowa and a $4B LNG expansion. However, it faces regulatory lag in Arizona and potential execution risks on its expanded capital plan.

Visa (V), Entergy (ETR), Tennant (TNC), and Fortis (FTS) raised their quarterly dividends. Visa increased its dividend by 16%, Entergy by 6.3%, Tennant by 4.8%, and Fortis by 4%. Visa's yield is 0.67%, Fortis's is 4.36%. Each company's financial health and growth prospects vary, with Visa and Fortis showing strong coverage and long histories of increases.

Fortis (FTS) reported Q3 2026 earnings of $0.92 per share, with adjusted EPS up $0.05. The company announced a 4% dividend increase, marking 53 years of consecutive raises. Fortis unveiled a $32.2B 5-year capital plan, up $3.4B from prior, with a 7.5% rate base CAGR. Growth is driven by transmission and LNG investments, including ITC's Iowa project and FortisBC's Tilbury expansion.

Fortis Inc. reported Q3 2026 earnings, highlighting rate base growth and higher electricity sales. The company increased its five-year capital plan by $3.4 billion, focusing on transmission and LNG infrastructure. Management emphasized organic growth, extended dividend growth guidance to 2031, and expects 7.5% rate base CAGR. Funding will come from operations, debt, and equity. The company also announced asset dispositions and regulatory updates.