Fortis Inc. (FTS.TO) Forecasted to Earn FY2021 Earnings of $2.82 Per Share (TSE:FTS)

Fortis Inc. (FTS.TO) (TSE:FTS) – Equities researchers at National Bank Financial cut their FY2021 earnings estimates for shares of Fortis Inc. (FTS.TO) in a research note issued to investors on Tuesday, January 26th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings of $2.82 per share for the year, down from their previous estimate of $2.93. National Bank Financial also issued estimates for Fortis Inc. (FTS.TO)’s FY2022 earnings at $3.01 EPS. Fortis Inc. (FTS.TO) (TSE:FTS) last announced its quarterly earnings data on Friday, October 30th. The company reported C$0.65 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.66 by C($0.01). The business had revenue of C$2.12 billion for the quarter, compared to analyst estimates of C$2.13 billion.

Several other analysts also recently issued reports on…