Advisory: Fortis Inc. to Hold Teleconference on July 29 to Discuss Second Quarter 2021 Results

Rhea-AI Summary

Fortis Inc. (TSX/NYSE: FTS) will release its second quarter 2021 financial results on July 29, 2021, alongside its 2021 Sustainability Update Report. A teleconference is scheduled for the same day at 8:30 a.m. Eastern, featuring David Hutchens, President and CEO, and Jocelyn Perry, CFO, discussing the results. Stakeholders can join via a dedicated phone line or through a live webcast on the company's website. Fortis reported $8.9 billion in revenue for 2020 and has total assets of $56 billion as of March 31, 2021, serving customers across five Canadian provinces and nine U.S. states.

Positive

• Scheduled release of Q2 2021 financial results indicates transparency and accountability.
• Sustainability Update Report reflects Fortis's commitment to environmental responsibility.
• Strong revenue of $8.9 billion in 2020 highlights the company's robust financial position.
• Diverse operations across North America bolster stability and growth prospects.

Negative

• None.

ST. JOHN'S, Newfoundland and Labrador, July 21, 2021 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2021 financial results and 2021 Sustainability Update Report on Thursday, July 29, 2021. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter 2021 financial results.

Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.877.223.4471. International participants may participate by calling 647.788.4922. Please dial in 10 minutes prior to the start of the call. No pass code is required.

A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com. A replay of the conference will be available two hours after the conclusion of the call until August 29, 2021. Please call 1.800.585.8367 or 416.621.4642 and enter pass code 6498584.

About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2020 revenue of $8.9 billion and total assets of $56 billion as at March 31, 2021. The Corporation's 9,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.

Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.

A .pdf version of this press release is available at: http://ml.globenewswire.com/Resource/Download/44752b9d-2c06-48b9-b058-0c3242e5e137

For further information contact

Investor Enquiries: Ms. Stephanie Amaimo Vice President, Investor Relations Fortis Inc. 248.946.3572 investorrelations@fortisinc.com

Media Enquiries: Ms. Karen McCarthy Vice President, Communications & Corporate Affairs Fortis Inc. 709.737.5323 media@fortisinc.com

FAQ

When will Fortis Inc. release its second quarter 2021 financial results?

Fortis Inc. will release its second quarter 2021 financial results on July 29, 2021.

What time is the Fortis Inc. Q2 2021 financial results teleconference?

The teleconference for Fortis Inc.'s Q2 2021 financial results is scheduled for 8:30 a.m. Eastern on July 29, 2021.

Who will discuss the Q2 financial results during the Fortis Inc. teleconference?

David Hutchens, President and CEO, and Jocelyn Perry, CFO, will discuss the Q2 financial results.

How can I listen to the Fortis Inc. Q2 2021 teleconference?

You can listen to the Fortis Inc. Q2 2021 teleconference by calling 1.877.223.4471 for North America or 647.788.4922 for international participants, or through a live webcast on their website.

What were Fortis Inc.'s revenues in 2020?

Fortis Inc. reported revenues of $8.9 billion in 2020.