10:24 AM EST - Fortis Inc. : Released its second-quarter results and 2023 Sustainability Update Report. Highlights: Second-quarter net earnings of $294 million or $0.61 per common share, up from $284 million or $0.59 per common share in 2022. Adjusted net earnings per common share of $0.62, up from $0.57 in the second quarter of 2022. Capital expenditures of $2.0 billion in the first half of 2023; $4.3 billion annual capital plan on track. 2023 Sustainability Update Report released highlighting the Corporation's progress on key sustainability initiatives. Tucson Electric Power's rate application continues to progress with a decision anticipated in Q3. Fortis Inc.
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