01Fortis reported Q3 2026 EPS of $0.66, beating consensus estimates of $0.63 by $0.03 per share.
02Revenue reached $2.2B, meeting analyst expectations for the quarter.
03The stock trades at $59.86 with a market capitalization of $25.4B.
04Fortis has beaten earnings estimates in three of the last four quarters, with surprise percentages ranging from 0% to 4.8%.
Earnings Results
Fortis (NYSE:FTS) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.
The Utilities company reported earnings per share of $0.66, beating the consensus estimate of $0.63 by $0.03 per share. Revenue came in at $2.2B, beating the estimate of $2.2B.
Company Overview
Fortis's stock moved following the earnings release. The stock currently trades at $59.86 with a market capitalization of $25.4B.
Fortis's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Fortis should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.