Fortis Inc. Releases First Quarter 2026 Results
Fortis reported first quarter 2026 net earnings of $501 million, or $0.99 per share, consistent with expectations and reflecting strength across its diversified utility businesses. The company invested $1.4 billion in capital expenditures during the quarter, keeping its $5.6 billion annual plan on track, while securing approval for the UNS Gas general rate application.
Key figures
- Eps
- 0.99
- Guidance
- dividend growth guidance of 4-6% annually through 2030
- Net earnings
- 501000000
- Rate base 2025
- 42400000000
- Annual capital plan
- 5600000000
- Capital expenditures
- 1400000000
- Rate base 2030 target
- 57900000000
AI analysis
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