ST. JOHN`S, Newfoundland (AP) — ST. JOHN`S, Newfoundland (AP) — Fortis Inc. (FTS) on Friday reported second-quarter profit of $286.1 million.
On a per-share basis, the St. john`S, Newfoundland-based company said it had net income of 56 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.
The electric and gas utility posted revenue of $2.12 billion in the period.
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