Fortis (FTS) Scheduled to Report Q3 2024 Earnings on November 3
Fortis (FTS) is set to release its third-quarter earnings results before the market opens on Tuesday, November 3. Market analysts have established a consensus earnings per share (EPS) estimate of $0.63, which represents a significant year-over-year decline of 27.6%. Revenue for the quarter is projected to reach approximately $2.3 billion. Historical performance shows a mixed track record regarding analyst expectations; while Fortis has maintained a 100% success rate in beating EPS estimates over the past year, it has failed to meet revenue estimates in that same period. Recent sentiment among analysts appears cautious, evidenced by six downward revisions to EPS estimates compared to only one upward revision over the last three months.
Tickers: $FTS