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 ...

(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended March 31, 2024 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has b ...

ocused on Our Future 1Q 2024 Strategic & Financial Highlights Published April 25, 2024 Forward-Looking Statements This presentation includes forward-looking statements within the measing of the Private Securities Lincation Reform Act of 1995 based on information currently available to readers are cautioned not to place undue reliance on these forward-icoking statements. These statements include dectarations regarding management's intents, beliefs and cur temps "antiginate" "potential" "potential" "hangel" " ...

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 ...

FirstEnergy Corporation (FE) is scheduled to release first-quarter 2024 results on Apr 25, after market close. The company delivered an earnings surprise of 3.3% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderFirstEnergy’s first-quarter earnings are expected to have benefited from its ongoing “Energize365” initiative, which is focused on installing advanced equipment and technologies that will strengthen and moderni ...

Upgrades will benefit more than 8,000 Penelec customers ERIE, Pa., April 18, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penelec, is installing automated reclosing devices and other equipment in substations serving more than 8,000 customers in Erie County. The work is designed to help prevent lengthy service interruptions, particularly during severe weather. Scott Wyman, President of FirstEnergy's Pennsylvania Operation ...

Extensive background in technology, customer focus and innovation will help company's continued transformation to premier utility AKRON, Ohio, April 16, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced John Combs has been named Senior Vice President, Shared Services, effective April 22. Reporting to President and Chief Executive Officer Brian Tierney, Combs will lead and oversee the company's IT organization – Cyber Security, Corporate Security and Information Technology, and Innovation & D ...

Agreement with key stakeholders expands customer deployment of smart meter technology AKRON, Ohio, April 15, 2024 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company and Toledo Edison – have reached a settlement on their Grid Modernization (Grid Mod) II plan that will expand the deployment of smart meters to an additional 1.4 million customers in Ohio. If approved by the Public Utilities Commission of Ohio (PUCO), the four-year, $421 million plan wi ...

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