Fortis Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 06:03 am EDT
Fortis Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CAD 2,130 million compared to CAD 2,077 million a year ago. Operating income was CAD 557 million compared to CAD 598 million a year ago. Net income was CAD 269 million compared to CAD 291 million a year ago. Basic earnings per share from continuing operations was CAD 0.54 compared to CAD 0.59 a year ago. For the half year, sales was CAD 4,669 million compared to CAD 4,468 million a year ago. Operating income was CAD 1,225 million compared to CAD 1,256 million a year ago. Net income was CAD 640 million compared to CAD 619 million a year ago. Basic earnings per share from continuing operations was CAD 1.3 compared to CAD 1.26 a year ago.