OTTAWA (dpa-AFX) - Fortis Inc. (FTS.TO) released a profit for its third
quarter that increased from the same period last year and beat the Street
estimates.

The company's earnings came in at C$394 million, or C$0.81 per share. This
compares with C$326 million, or C$0.68 per share, in last year's third quarter.

Excluding items, Fortis Inc. reported adjusted earnings of C$411 million or
C$0.84 per share for the period.

Analysts on average had expected the company to earn C$0.81 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

Fortis Inc. earnings at a glance (GAAP) :

-Earnings (Q3): C$394 Mln. vs. C$326 Mln. last year.
-EPS (Q3): C$0.81 vs. C$0.68 last year.
-Analyst Estimate: C$0.81


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