Fortis (FTS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.56
- Estimate
- $0.54
- Surprise
- +2.3%
- Score at report (before → after)
- 4.7 → 4.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Fortis (FTS) beat the $0.54 estimate with adjusted EPS of $0.56 — a modest 2.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.7/10) to Hold at 4.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FTS Sell at 4.7/10.
3 of the last 4 quarters beat the estimate; this quarter's +2.3% surprise compares with a +3.5% four-quarter average. Next scheduled report: 2027-02-11.
What argues against it
- Target reached (-26.1% upside)
- Risk below floor (3.5 < 4.0)
- Value-trap signals (2/5): High leverage (D/E 1.6), Negative free cash flow
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $60.98
- Stop
- $59.10
At 24.0× trailing and 22.1× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 80 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
FTS at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Electric
- Market cap
- $31.43B
- P/E (fwd)
- 22.1
- P/E (ttm)
- 24.0
- 52-week range
- $49.99–$60.98
- Off 52-week high
- 0.0%
- RSI (14)
- 80
- Volume vs avg
- 0.70×
- Score today
- 4.7/10