Project would enhance reliability for more than 3,000 customers in four counties FAIRMONT, W.Va., May 2, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Mon Power has been selected by the Department of Energy to begin award negotiations for up to $5 million in federal funding for a project that will boost electric reliability for customers in parts of rural West Virginia. The funding is part of the Energy Improvements in Rural or Remote Areas (ERA) program established by the Bipartisan Infrastr ...

FirstEnergy Corp. (NYSE:FE) Q1 2024 Results Conference Call April 26, 2024 10:00 AM ET Operator Brian Tierney our Senior Vice President of Shared Services. John was most recently an SVP and Chief Technology Officer at JPMorgan Chase. John's deep background in technology and leadership, as well as his financial acumen make him the perfect person to lead our IT, supply chain, flight operations and corporate and cybersecurity organizations. We are thrilled to welcome John to the team. On March 25th, FirstEnerg ...

Trees donated by FirstEnergy will be planted by company's employee volunteers AKRON, Ohio, April 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is all set to celebrate Arbor Day today by donating nearly 500 trees to two locations in Mahoning County – Mill Creek MetroParks and Beaver Township Nature Preserve. Dozens of employee volunteers from FirstEnergy and Ohio Edison will plant 300 hardwood trees on the Mill Creek MetroParks' 402-acre farm in Canfield, while another group of company volunteers wil ...

FirstEnergy (FE) reported first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 53 cents by 3.8%. However, the bottom line decreased 8.3% from the year-ago quarter’s figure of 60 cents.Total RevenuesOperating revenues of $3.29 billion missed the Zacks Consensus Estimate of $3.36 billion by 2.04%. The top line, however, increased 1.8% from $3.23 billion recorded in the year-ago quarter. Segmental PerformanceDistribution: Earnings from this segment totale ...

FirstEnergy (FE) reported $3.29 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.7%. EPS of $0.55 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.36 billion, representing a surprise of -2.04%. The company delivered an EPS surprise of +3.77%, with the consensus EPS estimate being $0.53.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

FirstEnergy (FE) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected that this utility company would post earnings of $0.60 per share when it actually produced earnings of $0.62, delivering a surprise of 3.33%.Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission Registrant; State of Incorporation; I.R.S. Employer File Number Address; and Telephone Number Identifica ...

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Reports first quarter 2024 GAAP earnings of $0.44 per share and operating (non-GAAP) earnings of $0.55 per share, above the midpoint of guidance Affirms targeted 6-8% long-term annual operating earnings per share growth Increased total equity on balance sheet by 25% with closing on $3.5 billion FET LLC transaction; deployed $2.3 billion of proceeds; expects to receive remaining $1.2 billion later this year AKRON, Ohio, April 25, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported first quarter ...

Nearly 17,000 trees expected to be planted in the month of April for Earth & Arbor Days AKRON, Ohio, April 23, 2024 /PRNewswire/ -- In support of its continued commitment to the environment and the communities it serves, FirstEnergy Corp. (NYSE: FE) has set a goal to plant more than 25,000 trees throughout its service territory in 2024. Nearly 17,000 trees are expected to be planted in the month of April around Earth Day and Arbor Day. The plan follows a successful 2023 in which the company reached a new hi ...