Fortis Inc. reports higher second-quarter earnings compared with the same quarter last year. The company says its second-quarter net earnings attributable to common equity shareholders total $396 million, compared with $384 million in last year’s second quarter. Both figures refer to net earnings for the quarter and are attributed to Fortis’ common equity shareholders. The update comes from the company’s results for the quarter ended in the current reporting period, with the year-over-year increase reflecting a modest rise in attributable net earnings. No additional details on revenue, expenses, earnings per share, or segment performance were provided in the excerpts available from the two outlets. The reporting location referenced in one source is St. John’s. Overall, the sources agree on the headline measure of quarterly attributable net earnings and the direction of change from the prior year.
Fortis Inc. reports higher second-quarter earnings year over year
Fortis Inc. reports higher second-quarter earnings compared with the same quarter last year. The company says its second-quarter net earnings attributable to common equity shareholders total $396 mill...
- Fortis Inc. reports second-quarter net earnings attributable to common equity shareholders of $396 million.
- The figure is up from $384 million for the second quarter of last year.
- The results cover the company’s second-quarter reporting period.
- Both sources present the same year-over-year earnings comparison.
ST. JOHN'S — Fortis Inc. is reporting second-quarter net earnings attributable to common equity shareholders of $396 million, up from $384 million for the second quarter of last year.
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