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
Key numbers
- Reported 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 diluted 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 Hold at 4.8/10.
3 of the last 4 quarters beat the estimate; this quarter's +2.3% surprise compares with a +2.7% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Sector modifier (Utilities): +1.0
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6)
- Leverage penalty (D/E 1.3): -0.5
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
- $55.26
- Price target
- $63.55
- Stop
- $53.62
- Upside to target
- +15.0%
At 22.4× trailing and 20.1× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — 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
- $28.39B
- P/E (fwd)
- 20.1
- P/E (ttm)
- 22.4
- 52-week range
- $48.64–$59.40
- Off 52-week high
- 7.0%
- RSI (14)
- 42
- Volume vs avg
- 0.70×
- Score today
- 4.8/10