Fortis (FTS) Expected to Announce Quarterly Earnings on Tuesday

Fortis (NYSE:FTS) is expected to be issuing its Q3 2025 results before the market opens on Tuesday, November 4th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $2.2160 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Tuesday, November 4, 2025 at 8:30 AM ET.

Fortis (NYSE:FTS) last released its quarterly earnings data on Friday, August 1st. The utilities provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.51 by $0.04. Fortis had a return on equity of 7.24% and a net margin of 14.48%.The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the company posted $0.67 earnings per share. On average, analysts expect Fortis to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fortis Trading Down 0.5%

NYSE:FTS opened at $50.27 on Monday. The business’s 50-day moving average is $50.13 and its two-hundred day moving average is $48.99. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.58 and a quick ratio of 0.47. Fortis has a 12 month low of $40.32 and a 12 month high of $52.47. The firm has a market capitalization of $25.41 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 3.94 and a beta of 0.50.

Wall Street Analysts Forecast Growth

FTS has been the topic of several research reports. Scotiabank reissued a “sector perform” rating on shares of Fortis in a research report on Monday, October 6th. Zacks Research lowered Fortis from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Raymond James Financial reissued an “outperform” rating on shares of Fortis in a research report on Tuesday, August 5th. Desjardins raised Fortis from a “hold” rating to a “buy” rating in a research report on Tuesday, August 5th. Finally, National Bankshares reaffirmed a “sector perform” rating on shares of Fortis in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Fortis presently has an average rating of “Moderate Buy” and a consensus price target of $72.00.

Institutional Trading of Fortis

Hedge funds and other institutional investors have recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Fortis by 1,406.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 169,664 shares of the utilities provider’s stock valued at $8,086,000 after acquiring an additional 158,405 shares during the period. Qube Research & Technologies Ltd raised its holdings in shares of Fortis by 44.5% during the second quarter. Qube Research & Technologies Ltd now owns 311,853 shares of the utilities provider’s stock valued at $14,889,000 after buying an additional 96,107 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Fortis by 3.4% during the second quarter. Baird Financial Group Inc. now owns 33,996 shares of the utilities provider’s stock valued at $1,623,000 after buying an additional 1,109 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Fortis by 19.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 565,150 shares of the utilities provider’s stock valued at $25,760,000 after buying an additional 90,776 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Fortis by 35.6% during the second quarter. Osaic Holdings Inc. now owns 4,310 shares of the utilities provider’s stock valued at $206,000 after buying an additional 1,131 shares during the last quarter. 57.77% of the stock is owned by institutional investors.

About Fortis

Fortis Inc operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 447,000 retail customers in southeastern Arizona; and 103,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,408 megawatts (MW), including 68 MW of solar capacity and 250 MV of wind capacity.