Fortis Inc.
TSXFTS filed a clean Q1 print this morning, yet the most striking development of the week has nothing to do with earnings — cost to borrow has surged 145% in seven days, the sharpest weekly spike ORTEX has recorded for the stock. The Q1 results themselves were reassuring. EPS came in at CAD 0.99, roughly flat versus CAD 1.00 a year earlier. Revenue hit CAD 3.40 billion, just ahead of…
Snapshot as of 6 May 2026
FTS filed a clean Q1 print this morning, yet the most striking development of the week has nothing to do with earnings — cost to borrow has surged 145% in seven days, the sharpest weekly spike ORTEX has recorded for…
Fortis Inc. enters its Q1 reporting season — results now confirmed for May 6 — carrying the most notable short-side repositioning it has seen in months, even as the stock itself holds up and analysts have just turned…
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