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Stock impact report

FirstEnergy Announces First Quarter 2024 Financial Results [Yahoo! Finance]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
Company Research Source: Yahoo! Finance
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 2024 GAAP earnings of $253 million , or per basic and diluted share, on revenue of $3.3 billion . This compares to first quarter 2023 GAAP earnings of $292 million , or per basic and diluted share, on revenue of $3.2 billion . GAAP results include the impact of special items listed below. Operating (non-GAAP) earnings for the first quarter of 2024 were per share, in the upper half of the company's guidance. In the first quarter of 2023 operating (non-GAAP) earnings were per share. "Despite a mild winter, we're off to a solid start in 2024. Our first quarter financial results are above the midpoint of our guidance, re Show less Read more
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