FirstEnergy (FE) reported $3.15 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1%. EPS of $0.62 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of -4.24% over the Zacks Consensus Estimate of $3.29 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +3.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Potomac Edison work will help prevent or minimize outages for thousands of customers WILLIAMSPORT, Md., Feb. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison has completed service reliability projects that will enhance electric service and minimize the impact of power outages for nearly 5,000 customers in Allegany, Frederick and Garrett counties. Don McGettigan, Acting President of FirstEnergy's Maryland Operations: "Continually investing in upgrades to our system helps us res ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the FISCAL YEAR ended December 31, 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 Address; and Telephone Number Identification ...

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 (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 ...

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 ...