FirstEnergy (NYSE:FE) reported its Q4 earnings results on Thursday, February 8, 2024 at 04:20 PM.
Here’s what investors need to know about the announcement.
Earnings
FirstEnergy beat estimated earnings by 5.08%, reporting an EPS of $0.62 versus an estimate of $0.59.
Revenue was down $31.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.58% drop in the share price the next day.
Here’s a look at FirstEnergy’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.86 | 0.46 | 0.61 | 0.52 |
| EPS Actual | 0.88 | 0.47 | 0.60 | 0.50 |
| Revenue Estimate | 3.55B | 2.89B | 3.05B | 2.54B |
| Revenue Actual | 3.49B | 3.01B | 3.23B | 3.18B |
To track all earnings releases for FirstEnergy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
