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 4.5/10.
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: 2026-11-03.
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
- Near 52-week high (2.8% away)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6)
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
- $57.76
- Stop
- $56.06
At 23.3× trailing and 20.8× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 78 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — 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
- $29.28B
- P/E (fwd)
- 20.8
- P/E (ttm)
- 23.3
- 52-week range
- $49.60–$59.40
- Off 52-week high
- 2.8%
- RSI (14)
- 78
- Volume vs avg
- 0.02×
- Score today
- 4.5/10