Fortis (TSX:FTS) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $1.01 by 22.77 percent. This is a 41.82 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $2.931 billion which missed the analyst consensus estimate of $3.522 billion by 16.77 percent. This is a 4.12 percent increase over sales of $2.815 billion the same period last year.