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FirstEnergy Q3 Non-GAAP Earnings Dip, Revenue Rises; 2024 EPS Forecast Narrowed
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FirstEnergy Q3 Non-GAAP Earnings Dip, Revenue Rises; 2024 EPS Forecast Narrowed
Oct 30, 2024 3:51 AM

04:52 PM EDT, 10/29/2024 (MT Newswires) -- FirstEnergy ( FE ) late Tuesday reported Q3 operating earnings of $0.85 per diluted share, down from $0.88 a year earlier.

Analysts polled by Capital IQ expected $0.90.

Revenue for the quarter ended Sept. 30 was $3.73 billion, compared with $3.49 billion a year earlier.

Analysts expected $3.71 billion.

For 2024, the utility company narrowed its non-GAAP EPS forecast range to $2.61 to $2.71 compared with its prior range expecting $2.61 to $2.81.

Analysts are looking for $2.70.

Price: 42.50, Change: -0.33, Percent Change: -0.77

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