Edition:
United Kingdom

Fortis Inc reports Q3 adjusted earnings per share of $0.61


Friday, 3 Nov 2017 

Nov 3 (Reuters) - Fortis Inc :Fortis reports third quarter earnings of $278 million.Fortis Inc - qtrly ‍net earnings attributable to common equity shareholders of $0.66 per common share​.Fortis Inc - qtrly adjusted earnings per share $0.61.Qtrly revenue $1.90 billion versus $1.52 billion last year.Fortis Inc- ‍over five-year period from 2018 through 2022, corporation's capital expenditure program is expected to total approximately $14.5 billion​.Fortis Inc - ‍consolidated capital expenditure plan of approximately $3.1 billion for 2017 remains on track​.Fortis Inc- ‍extended guidance for targeted average annual dividend growth of approximately 6% through to 2022​.Fortis Inc - ‍results for 2017 will continue to benefit from acquisition of ITC and impact of rate case settlement at UNS Energy​.Q3 earnings per share view C$0.57 -- Thomson Reuters I/B/E/S.