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The state of Ohio is investigating FirstEnergy for its role in bribing lawmakers to benefit the failing company. The corporation already plead guilty in the federal case.
FirstEnergy Corp. (NYSE:FE – Get Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 11,460,000 shares, a drop of 6.9% from the June 30th total of 12,310,000 shares. Based on an average trading volume of 3,700,000 shares, the days-to-cover ratio is […]
FirstEnergy (NYSE:FE – Get Free Report) updated its third quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.80-0.90 for the period, compared to the consensus earnings per share estimate of $0.91. FirstEnergy also updated its FY 2023 guidance to $2.44-$2.64 EPS. Wall Street Analyst Weigh In A number of equities […]
FirstEnergy (NYSE:FE – Get Free Report) updated its FY23 earnings guidance on Tuesday. The company provided EPS guidance of $2.44-2.64 for the period, compared to the consensus EPS estimate of $2.54. FirstEnergy also updated its FY 2023 guidance to $2.44-$2.64 EPS. Analyst Upgrades and Downgrades A number of equities research analysts have weighed in on […]
According to FirstEnergy, continued growth from regulated investments and lower operating expenses were positive earnings drivers in the second quarter of 2023 compared to the same period of 2022.