FirstEnergy grant will help train Pennsylvania's next generation of diverse utility workers  GREENSBURG, Pa., Feb. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has awarded an $85,000 grant to the Energy Innovation Center Institute (EICI) to assist with its efforts to recruit, train and prepare diverse candidates from economically distressed Pennsylvania communities for apprenticeships and similar programs offered by electric, natural gas, communication and water utilities throughout the state. First ...

FirstEnergy Corp. (NYSE:FE) Q4 2023 Earnings Conference Call February 9, 2024 10:00 AM ET Company Participants Irene Prezelj - Vice President, Investor Relations & Communications Brian Tierney - President & Chief Executive Officer Jon Taylor - Senior Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Gregg Orrill - UBS Nicholas Campanella - Barclays Michael Sullivan - Wolfe Research Jeremy Tonet - JPMorgan Michael Lonegan - Evercore ISI Angie Storozynsk ...

FirstEnergy (FE) reported fourth-quarter 2023 operating earnings of 62 cents per share, which surpassed the Zacks Consensus Estimate of 60 cents by 3.3%. The bottom line increased 24% from the year-ago quarter’s figure of 50 cents.FE reported earnings of $2.56 for 2023 compared with $2.41 per share in 2022, which reflects a year-over-year increase of 6.2%.Total RevenuesOperating revenues of $3.15 billion missed the Zacks Consensus Estimate of $3.29 billion by 4.2%. The top line also declined by 0.9% from $3 ...

FirstEnergy (FE) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.33%. A quarter ago, it was expected that this utility company would post earnings of $0.85 per share when it actually produced earnings of $0.88, delivering a surprise of 3.53%.Over the last four quarters, the company ...

Reports full year 2023 GAAP earnings from continuing operations of $1.96 per share Delivers 2023 Operating (non-GAAP) earnings of $2.56 per share, above the midpoint of guidance Provides 2024 operating guidance of $2.61 to $2.81 per share for the full year, a 7% increase over the 2023 guidance mid-point, driven by robust regulated growth Introduces Energize365, a $26 billion capital investment plan from 2024 to 2028 to enhance the customer experience and support the energy transition Targeted 6-8% long-ter ...

FirstEnergy reminds the public to handle balloons safely to keep electricity flowing AKRON, Ohio, Feb. 8, 2024 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding customers to handle helium-filled foil balloons safely to keep the energy alive this season and year-round. While the company experienced a decrease in the number of balloon-related outages in recent years, foil balloons continue to cause power outages when released outdoors because their metallic coating condu ...

If approved, residential rates will remain the lowest among the state's regulated electric utilities HOLMDEL, N.J., Feb. 5, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has reached a settlement in its base rate review currently pending with the New Jersey Board of Public Utilities (BPU). If approved by the BPU, the settlement will help JCP&L invest in enhancements that further strengthen electrical infrastructure to benefit its 1.1 million customers whi ...

– Includes ($0.24) per share of lower earnings associated with weather-related distribution sales (-$0.18 vs normal) By focusing on what we can control, YTD results reflect strong financial discipline with operating expenses ~13% below 2022 levels and Transmission capital deployment ~50% above last year 8 Increased 2023 investment plan by ~9% to ~$3.7B (from $3.4B) Expect base O&M to be ~15% below 2022A and ~4% below plan Segment Ranges RD $1.62 - $1.66 RT $0.87 - $0.89 Corp $0.00 - $0.04 FE $2.49 - $2.59 + ...

FirstEnergy Corp. (NYSE:FE) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants Irene Prezelj - Vice President, Investor Relations and Communications Brian Tierney - President and Chief Executive Officer Jon Taylor - Senior Vice President and Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Nick Campanella - Barclays David Arcaro - Morgan Stanley Angie Storozynski - Seaport Global Jeremy Tonet - JPMorgan Anthony Cr ...

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 September 30, 2023 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 | Addr ...