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Fortis Reports Strong Third Quarter Earnings of $151 Million (Fortis Inc)

(Source: Fortis Inc) St. John's, NL (November 6, 2015): Fortis Inc. ('Fortis' or the 'Corporation') (TSX:FTS), a leader in the North American electric and gas utility industry, released its third quarter results today. Driven by its U.S. utility acquisitions, completion of the Waneta Expansion, and strong results from its other utilities, Fortis' net earnings attributable to common equity shareholders were $151 million, or $0.54 per common share, and $145 million, or $0.52 per common share, on an adjusted basis. 'All of our businesses contributed to our strong third quarter earnings,' said Barry Perry, President and Chief Executive Officer of Fortis. 'With our exit from the commercial real...

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