FirstEnergy Corp expected to post earnings of 90 cents a share - Earnings Preview

FirstEnergy

26/10/2024 15:46

* FirstEnergy Corp  FE.N   FE  is expected to show a rise in
quarterly revenue when it reports  results on October 29 for the
period ending September 30 2024
    * The Akron Ohio-based  company is expected to report a
12.0% increase in revenue to $3.907 billion from $3.49 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Majority is on Total Reveue)
    * ​LSEG's mean analyst estimate for FirstEnergy Corp is for
earnings of 90 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for FirstEnergy
Corp
is $47.50​, above​ its last closing price of $43.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.56        0.56       0.56      Met     0.7
 Mar. 31 2024  0.54        0.56       0.55      Missed  -1.8
 Dec. 31 2023  0.59        0.59       0.62      Beat    4.5​
 Sep. 30 2023  0.85        0.85       0.88      Beat    3.7
 ​​Jun.        0.45        0.45       0.47      Beat    3.7
 30 2023                                                
 Mar. 31 2023  0.61        0.61       0.60      Missed  -1.5​
 Dec. 31 2022  0.53        0.53       0.50      Missed  -5.2
 Sep. 30 2022  0.78        0.78       0.79      Beat    1.2
 This summary was machine generated October 26 at 14:46 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)