Fortis to Announce 2023 Annual Results Feb 9; Webcast Scheduled
Ticker: FTPSF · Form: 6-K · Filed: Jan 11, 2024 · CIK: 1666175
| Field | Detail |
|---|---|
| Company | Fortis Inc. (FTPSF) |
| Form Type | 6-K |
| Filed Date | Jan 11, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings-announcement, investor-relations, financial-results
TL;DR
**Fortis is dropping 2023 earnings on Feb 9, get ready for the call!**
AI Summary
Fortis Inc. (TSX/NYSE: FTS) announced on January 11, 2024, that it will release its 2023 annual financial results on Friday, February 9, 2024. Following the release, President and CEO David Hutchens and EVP and CFO Jocelyn Perry will host a teleconference and webcast at 8:30 a.m. (Eastern) to discuss the results. This matters to investors because it provides a specific date to anticipate crucial financial performance data, which will likely influence the stock's short-term price movement and long-term valuation.
Why It Matters
This filing sets the date for Fortis Inc.'s 2023 annual financial results, providing investors with a clear timeline to expect key performance indicators that could impact the stock's valuation.
Risk Assessment
Risk Level: low — This filing is purely an announcement of an upcoming event and does not contain any new financial or operational risks.
Analyst Insight
A smart investor would mark February 9, 2024, on their calendar, prepare to review Fortis Inc.'s 2023 annual results, and listen to the webcast to understand management's commentary before making any investment decisions.
Key Players & Entities
- Fortis Inc. (company) — the registrant filing the 6-K
- David Hutchens (person) — President and Chief Executive Officer of Fortis Inc.
- Jocelyn Perry (person) — Executive Vice President and Chief Financial Officer of Fortis Inc.
- James R. Reid (person) — Executive Vice President, Sustainability and Chief Legal Officer of Fortis Inc.
- January 11, 2024 (date) — date of the press release and filing
- February 9, 2024 (date) — date of 2023 annual results release and teleconference
- 8:30 a.m. (Eastern) (time) — start time of the teleconference and webcast
Forward-Looking Statements
- Fortis Inc.'s stock price will experience increased volatility around February 9, 2024, as investors react to the 2023 annual financial results. (Fortis Inc.) — high confidence, target: 2024-02-09
- Analyst reports and price targets for Fortis Inc. will be updated shortly after the February 9, 2024, earnings release and teleconference. (Fortis Inc.) — medium confidence, target: 2024-02-16
FAQ
What is the purpose of this 6-K filing by Fortis Inc.?
The purpose of this 6-K filing is to report that Fortis Inc. will release its 2023 annual financial results on Friday, February 9, 2024, and will host a teleconference and webcast on the same day to discuss these results.
Who will be discussing Fortis Inc.'s 2023 annual financial results during the teleconference?
David Hutchens, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President and Chief Financial Officer, will discuss Fortis Inc.'s 2023 annual financial results during the teleconference and webcast.
When and at what time will the teleconference and webcast for Fortis Inc.'s 2023 results take place?
The teleconference and webcast will be held on Friday, February 9, 2024, at 8:30 a.m. (Eastern).
Where can interested parties listen to the live webcast of Fortis Inc.'s results discussion?
Interested parties can listen to the live webcast on the Corporation's website, specifically at https://www.fortisinc.com/investor-relations/events-and-presentations.
Who signed the 6-K report on behalf of Fortis Inc. and what is their title?
The 6-K report was signed by James R. Reid, who holds the title of Executive Vice President, Sustainability and Chief Legal Officer for Fortis Inc.
Filing Stats: 153 words · 1 min read · ~1 pages · Grade level 9.2 · Accepted 2024-01-11 16:35:11
Filing Documents
- f6k_011124.htm (6-K) — 8KB
- exh_991.htm (EX-99.1) — 7KB
- logo.jpg (GRAPHIC) — 5KB
- 0001171843-24-000223.txt ( ) — 22KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Fortis Inc. (Registrant) Date: January 11, 2024 /s/ James R. Reid By: James R. Reid Title: Executive Vice President, Sustainability and Chief Legal Officer