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FirstEnergy Q2 Operating Earnings, Revenue Rise; 2024 EPS Outlook Affirmed
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FirstEnergy Q2 Operating Earnings, Revenue Rise; 2024 EPS Outlook Affirmed
Jul 30, 2024 2:30 PM

05:10 PM EDT, 07/30/2024 (MT Newswires) -- FirstEnergy ( FE ) reported Q2 operating earnings late Tuesday of $0.56 per share, up from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.56.

Revenue for the quarter ended June 30 rose to $3.28 billion from $3.01 billion a year earlier.

Four analysts surveyed by Capital IQ expected $3.53 billion.

For Q3, the company expects EPS of $0.85 to $0.95.

The consensus is for GAAP EPS of $0.92.

For 2024, FirstEnergy ( FE ) said it continues to expect operating EPS of $2.61 to $2.81.

Analysts are looking for a normalized EPS of $2.69.

Price: 41.50, Change: -0.30, Percent Change: -0.72

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