Fortis reports first-quarter profit of $501 million, up from just over $499 million in the same quarter last year, according to reporting from Canadian outlets. The company’s revenue for the quarter totals $3.40 billion. The figures indicate year-over-year improvement in profitability, while revenue remains the primary measure of overall earnings generation for the period. The coverage aligns on the reported profit level and the comparison to the prior year, with one outlet also specifying the year-ago profit figure as $499 million. Both accounts refer to Fortis’s quarterly results and present the same headline earnings outcome for the quarter. No additional operational details, segment performance, or guidance changes are included in the provided excerpts. Fortis’s reported results are therefore characterized mainly by its profit growth and the quarter’s revenue total.