Page 7 - Firstenergy News Today

FirstEnergy (NYSE:FE – Get Free Report) released its quarterly earnings results on Friday. The utilities provider reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02, Briefing.com reports. The business had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. FirstEnergy had a return […]

Headlands Technologies LLC increased its stake in FirstEnergy Corp. (NYSE:FE – Free Report) by 833.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,956 shares of the utilities provider’s stock after acquiring an additional 5,318 shares during the period. Headlands Technologies LLC’s holdings in FirstEnergy were […]

FirstEnergy (NYSE:FE – Get Free Report) issued an update on its first quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 2.610-2.810 for the period, compared to the consensus EPS estimate of 2.680. The company issued revenue guidance of -. FirstEnergy also updated its FY 2024 guidance to 0.480-0.580 EPS. FirstEnergy […]

FirstEnergy (NYSE:FE – Get Free Report) announced its quarterly earnings data on Friday. The utilities provider reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02, Briefing.com reports. FirstEnergy had a return on equity of 13.53% and a net margin of 8.56%. The firm had revenue of $3.20 billion for the […]

FirstEnergy (NYSE:FE – Get Free Report) updated its FY24 earnings guidance on Thursday. The company provided earnings per share guidance of $2.61 to $2.81 for the period, compared to the consensus earnings per share estimate of $2.68. FirstEnergy also updated its FY 2024 guidance to 0.480-0.580 EPS. FirstEnergy Price Performance NYSE:FE traded up $1.52 during […]

FirstEnergy Corp. (NYSE:FE) Q4 2023 Earnings Call Transcript February 9, 2024 FirstEnergy Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to the FirstEnergy Corp. Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are […]

Gamco Investors INC. ET AL trimmed its position in shares of FirstEnergy Corp. (NYSE:FE – Free Report) by 1.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 49,660 shares of the utilities provider’s stock after selling 865 shares during the period. Gamco Investors INC. ET AL’s holdings in FirstEnergy were worth $1,697,000 […]

FirstEnergy reported results for the fourth quarter and full-year 2023. Compared to the previous year’s results for these periods, almost every important measurement was up.

These top utilities play a key role in state and local economic development endeavors, as well as sustainability efforts.

Solar advocates, led by Solar Holler founder and CEO Dan Conant, are fighting a plan by FirstEnergy utilities Mon Power and Potomac Edison to change the structure of net metering in West Virginia. They say the plan would short-change customers who generate their own electricity, but the utilities and others, including the state Public Service Commission Consumer Advocate Division, say non-solar customers are subsidizing solar customers under the current setup.