Is FTS's Q1 2024 EPS forecast achievable?

**Fortis's Q1 2024 EPS forecast is achievable**, considering the following points:

1. **Analyst Estimates and Actual Performance**: Analysts have estimated an EPS of $0.53 for Fortis in Q1 2024. The company's latest report period is for Q4 2024, with an EPS estimate of $0.57. This indicates a slight increase in the EPS forecast from the previous quarter, suggesting a positive outlook for Fortis's performance.

2. **Performance Comparison with Q4 2023**: Fortis's performance in Q1 2024 is expected to be in line with its performance in Q4 2023, where the company met earnings estimates. This consistency in performance across quarters supports the achievability of the EPS forecast.
3. **Recent Institutional Activity**: Envestnet Asset Management Inc. and Trexquant Investment LP have increased their holdings in Fortis, indicating confidence in the company's future performance. This institutional support can be a positive indicator for the achievability of earnings forecasts.
4. **Market Conditions and Company Performance**: Fortis has navigated market conditions and maintained a stable financial performance, which is a positive sign for the achievability of its earnings forecast.

In conclusion, based on analyst estimates, historical performance, institutional confidence, and market conditions, Fortis's Q1 2024 EPS forecast of $0.53 appears to be achievable.