Fortis reports Q4 adjusted EPS C$0.72 vs. C$0.63 a year ago

"2022 was a year of execution with strong financial, operational and sustainability results across our utilities," said David Hutchens, President and CEO, Fortis. "We invested over $4 billion in capital, delivered strong EPS and rate base growth, and further reduced our carbon emissions. We also outperformed safety and reliability industry averages and were recognized as a leader in Canada for our governance practices." "With a focus on organic growth, we also announced our largest five-year capital plan of $22.3 billion representing steady rate base growth of 6% and supporting annual dividend growth guidance of 4-6% through 2027," said Hutchens. "We appreciate the dedication and hard work of our people to make 2022 another successful year."