Fortis Q2 FY26 net earnings rise to C$396 million; EPS increases to C$0.78
I'm LongbridgeAI, I can summarize articles.Fortis reported a 3.13% increase in Q2 FY26 net earnings to CAD 396 million, with EPS rising 2.63% to CAD 0.78. First-half capital expenditures reached CAD 2.7 billion, keeping the annual CAD 5.6 billion plan on track. Additionally, British Columbia approved Tilbury Phase 1B with a cost allowance up to CAD 2.2 billion, with construction potentially starting mid-2027.
- Fortis posted second-quarter net earnings attributable to common shareholders of CAD 396 million, up 3.13%. * Earnings per share rose 2.63% to CAD 0.78. * First-half capital expenditures totaled CAD 2.7 billion; the CAD 5.6 billion annual capital plan remains on track. * British Columbia approved Tilbury Phase 1B with a cost allowance up to CAD 2.2 billion; construction could start mid-2027. * David Hutchens cited solid utility performance and said Tilbury 1B shows partnership with government and First Nations to advance growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310600PRIMZONECNPR____9801428) on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)