STOCK TITAN

Fortis Inc. to Hold Teleconference on May 4 to Discuss First Quarter 2022 Results and Hold Annual and Special Meeting on May 5

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Fortis Inc. (TSX/NYSE: FTS) will release its Q1 2022 financial results on May 4, 2022, followed by a teleconference at 8:30 a.m. (Eastern). Executives David Hutchens and Jocelyn Perry will discuss these results, with participation available for interested parties via phone or webcast. Additionally, the Annual and Special Meeting of Shareholders is scheduled for May 5, 2022, at 9:00 a.m. (Eastern), both in-person and online. Fortis reported 2021 revenues of $9.4 billion and boasts total assets of $58 billion, serving utility customers across North America.

Positive
  • Q1 2022 financial results release could indicate positive trends.
  • 2021 revenue of $9.4 billion shows stability in the utility sector.
  • Fortis serves a broad customer base across five Canadian provinces and nine U.S. states.
Negative
  • None.

ST. JOHN'S, Newfoundland and Labrador, April 06, 2022 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its first quarter 2022 financial results on Wednesday, May 4, 2022. 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 first quarter 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 passcode 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 teleconference will be available two hours after the conclusion of the call until June 5, 2022. Please call 1.800.585.8367 or 416.621.4642 and enter passcode 3996811.

Fortis will hold its Annual and Special Meeting of Shareholders on Thursday, May 5, 2022 at 9:00 a.m. (Eastern), 10:30 a.m. (Newfoundland), in-person and online. Shareholders can attend the meeting in person at the Holiday Inn St. Johns, Salon A, 180 Portugal Cove Road, St. John's, NL, subject to public health guidance. A link to the virtual platform and how to participate will be available on the Corporation's website, www.fortisinc.com/investor-relations/2022-annual-meeting/. Participants will be able to submit questions for management during the Q&A portion of the webcast.

About Fortis
Fortis is a well-diversified leader in the North American regulated electric and gas utility industry, with 2021 revenue of $9.4 billion and total assets of $58 billion as at December 31, 2021. The Corporation's 9,100 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/dffb24bd-f839-4c29-9da2-8b584022b7e7

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 release its Q1 2022 financial results?

Fortis will release its Q1 2022 financial results on May 4, 2022.

What time is the Fortis teleconference for Q1 2022 results?

The teleconference for Fortis' Q1 2022 results will be held at 8:30 a.m. (Eastern) on May 4, 2022.

Where will the Fortis Annual and Special Meeting of Shareholders take place?

The meeting will be held at the Holiday Inn St. Johns, Salon A, and online on May 5, 2022.

What were Fortis's total assets as of December 31, 2021?

As of December 31, 2021, Fortis had total assets of $58 billion.

What was Fortis's revenue for 2021?

Fortis reported revenues of $9.4 billion for the year 2021.

Fortis Inc. Common Shares

NYSE:FTS

FTS Rankings

FTS Latest News

FTS Stock Data

21.94B
497.30M
0.04%
57.56%
1.46%
Utilities - Regulated Electric
Utilities
Link
United States of America
Saint John's