Fortis Future Growth

Future criteria checks 1/6

Fortis is forecast to grow earnings and revenue by 6.6% and 4.3% per annum respectively. EPS is expected to grow by 5% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

6.6%

Earnings growth rate

5.0%

EPS growth rate

Electric Utilities earnings growth9.3%
Revenue growth rate4.3%
Future return on equity7.7%
Analyst coverage

Good

Last updated21 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:FTS.PRF - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202612,9921,8192414,3616
12/31/202512,5811,707-94,10410
12/31/202411,9961,6161,9923,84710
9/30/202411,4441,586-1,1093,666N/A
6/30/202411,3921,562-1,1903,268N/A
3/31/202411,3161,528-9303,398N/A
12/31/202311,5171,506-6243,545N/A
9/30/202311,8001,445-3653,668N/A
6/30/202311,6341,394-6403,361N/A
3/31/202311,5271,417-7283,176N/A
12/31/202211,0431,330-7913,074N/A
9/30/202210,4581,288-8032,922N/A
6/30/202210,1011,257-5923,000N/A
3/31/20229,7441,226-5162,981N/A
12/31/20219,4481,231-4792,907N/A
9/30/20219,2111,234-7632,890N/A
6/30/20219,1361,231-8312,865N/A
3/31/20219,0831,252-8312,850N/A
12/31/20208,9351,209-1,3382,701N/A
9/30/20208,9151,224-1,2872,635N/A
6/30/20208,8451,210-1,2682,806N/A
3/31/20208,7381,656-1,4302,712N/A
12/31/20198,7831,655-1,0572,663N/A
9/30/20198,6631,570-9832,566N/A
6/30/20198,6521,568-8192,505N/A
3/31/20198,6291,088-7172,556N/A
12/31/20188,3901,100-6142,604N/A
9/30/20188,295973-3222,833N/A
6/30/20188,156975N/A2,837N/A
3/31/20188,224992N/A2,804N/A
12/31/20178,301963N/A2,756N/A
9/30/20178,2431,018N/A2,465N/A
6/30/20177,870867N/A2,143N/A
3/31/20177,340717N/A1,942N/A
12/31/20166,838585N/A1,884N/A
9/30/20166,523531N/A1,806N/A
6/30/20166,561555N/A1,686N/A
3/31/20166,614692N/A1,706N/A
12/31/20156,757728N/A1,673N/A
9/30/20156,712706N/A1,610N/A
6/30/20156,343569N/A1,314N/A
3/31/20155,861372N/A1,167N/A
12/31/20145,401312N/A982N/A
9/30/20144,937299N/A878N/A
6/30/20144,655335N/A929N/A
3/31/20144,389342N/A878N/A
12/31/20134,047333N/A896N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FTS.PRF's forecast earnings growth (6.6% per year) is above the savings rate (2.3%).

Earnings vs Market: FTS.PRF's earnings (6.6% per year) are forecast to grow slower than the Canadian market (16.4% per year).

High Growth Earnings: FTS.PRF's earnings are forecast to grow, but not significantly.

Revenue vs Market: FTS.PRF's revenue (4.3% per year) is forecast to grow slower than the Canadian market (7.1% per year).

High Growth Revenue: FTS.PRF's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FTS.PRF's Return on Equity is forecast to be low in 3 years time (7.7%).


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