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Fortis (FTS) delivered earnings and revenue surprises of -8.33% and 12.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Insiders who bought Fortis Inc. ( TSE:FTS ) in the last 12 months may probably not pay attention to the stock's recent... Fortis Inc.'s stock is down 7.0%, but insiders still have about CA$370 in ...
Fortis (FTS) delivered earnings and revenue surprises of 8% and 15.47%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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On June 27, 2013, Fortis Inc. closed on its acquisition of CHG. In 2013, Fortis announced its acquisition of UNS Energy, an Arizona utility company. [9] On February 9, 2016, Fortis announced an agreement to acquire ITC Holdings Corp., the largest independent transmission utility in the United States, for US$11.3 billion in cash and stock. [10]
The stock of Fortis (NYSE:FTS, 30-year Financials) is believed to be fairly valued, according to GuruFocus Value calculation.
On the news that it was now uncertain that Fortis Bank could be acquired the share price of BNP Paribas dropped 10% on Monday December 15. [85] In the evening of Monday, December 15, the Belgian cabinet met with Baudouin Prot, representing BNP Paribas, and afterwards announced to go ahead with the sale to BNP Paribas. The FPIM would seek an ...
[15] [16] In the same financial year, Fortis reported a consolidated net profit of ₹ 780.10 million for the quarter ended 30 June. [17] In August 2023, it was announced Fortis had completed its acquisition of Medeor Hospital in Manesar, India from VPS Healthcare for $27.23 million. [18] Fortis is also a component of the S&P BSE 500. [19]