Technology helps identify trees or vegetation that could impact high-voltage power lines AKRON, Ohio, May 10, 2024 /PRNewswire/ -- To keep power flowing safely and reliably, FirstEnergy Corp. (NYSE: FE) is conducting proactive aerial inspections of nearly 7,000 miles of transmission lines in its service territory using helicopters equipped with infrared technology. This work helps ensure that high-voltage power lines and equipment remain clear of trees and vegetation. The aerial vegetation management inspec ...

New substation equipment and line upgrades to benefit 23,000 Toledo Edison customers AKRON, Ohio, May 9, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), has started construction to upgrade a 138-kilovolt substation in Lucas County's Springfield Township and reconfigure connecting high-voltage power lines. The combined work will enhance reliability for nearly 23,000 customers of Toledo Edison in the area. ATSI will expand the substation on compan ...

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 ...

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 ...

(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 ...