Fortis Inc reported in the forth quarter of 2024 net earnings per share of $2.48 an increase by 4.52 % year on year from $2.37 and an improvement compare to net loss per share of $0.00 realized in previous quarter.
forth quarter of 2024
Earnings Per Share
Revenues
$ 2.48
$
8,815 Mill
$+0.11+4.52 %
$-7M-0.08 %
Fortis Inc 's Revenue
fell by
-0.08 % in forth quarter of 2024 (Dec 31 2024) year on year,
to $8,815 million and
advanced by
sequentially.
Fortis Inc 's net income of $1,400.248 million in the forth quarter of 2024 increased by 6.9 % from net earnings of $1,309.860 million achieved in IV. Quarter a year ago.
Sequentially
Company turn into Profitability from net loss of $0.000 million recorded in previous quarter.
Fortis Inc Inventories Inventories grew by 21.02 % to $525 million from IV. Quarter a year ago, sequentially inventories fell by 0 %.
In Dec 31 2024 company's net cash and cash equivalents decreased by $-310 million, capital expenditures fell by -3193.45425.16%, to $-3,997 millions compare to same quarter a year ago