Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fuel

Purchased power

Other operating expenses

Provision for depreciation

Amortization (deferral) of regulatory assets, net

General taxes

DPA penalty

Gain on sale of Yards Creek

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FirstEnergy

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE’s holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FirstEnergy reports robust Q4 earnings, eyes growth through 2025

FirstEnergy's Q4 2022 performance reflects financial strength and operational resilience, underpinned by debt reduction and earnings growth.
Strategic initiatives in regulatory matters and capital optimization position the company for sustained growth and efficiency improvements.
While facing challenges in CEO succession and earnings diversification, FirstEnergy's proactive stance on future opportunities bodes well for long-term success.

FirstEnergy meets Q1 earnings, pursues growth through acquisitions and investments

FirstEnergy's Q1 performance met expectations, with a focus on financial strength, operational enhancements, and culture transformation. The company is proactive in its approach to capital investments, regulatory compliance, and climate goals. Challenges lie in declining earnings from certain sources and mitigating weather-related impacts.

FirstEnergy maintains earnings guidance amidst regulatory challenges and growth opportunities

FirstEnergy's Q2 performance was impacted by mild weather conditions, but the company remains focused on financial guidance, dividend declaration, and stakeholder engagement. Regulatory challenges and ongoing investigations pose risks, while opportunities lie in operational efficiency improvements and strategic growth initiatives.

FirstEnergy reports improved Q3 earnings, plans $12B investments

FirstEnergy's Q3 performance showed earnings improvement and cost control efforts. The company is strategically positioned for growth with significant capital investments planned. Challenges include weather impacts and setbacks in performance metrics, while opportunities lie in improving financial metrics and growth potential in Ohio.

FirstEnergy excels in Q4 earnings, faces challenges in regulatory landscape

FirstEnergy delivered strong financial performance, exceeding earnings guidance and showcasing successful initiatives.
The company's focus on transparency, balance sheet strength, and dividend growth sets it apart in the industry.
Challenges include managing state-regulated returns, pension volatility, and potential power price increases.
Opportunities lie in improving ROE, leveraging load growth, and executing strategic initiatives for growth.

FirstEnergy reports strong Q1 earnings, upgrades to investment grade

FirstEnergy's Q1 performance was strong, with earnings exceeding expectations and positive regulatory developments.
The company's strategic initiatives and investment plans position it well for growth in clean energy and grid modernization.
Challenges include regulatory uncertainties and ongoing investigations, but efforts are underway to address them.
Opportunities in transmission growth, grid technologies, and customer service enhancements offer avenues for future expansion.

FirstEnergy reports Q2 earnings mix, focuses on stability and growth

FirstEnergy's Q2 performance showed mixed results with GAAP earnings decline but improved operating earnings, driven by positive factors like rate adjustments and customer demand.
The company demonstrated strength in balance sheet improvements, regulatory engagements, and resolving legacy issues, enhancing financial stability and investor confidence.
While facing challenges in regulatory settlements, power prices, and operational efficiency, FirstEnergy is poised to leverage opportunities in revenue growth, strategic investments, and operational enhancements.

FirstEnergy reports mixed Q3 earnings, focuses on growth initiatives

FirstEnergy's Q3 2024 performance reflected a mix of positive earnings drivers and challenges, with a focus on capital investments and regulatory updates shaping the company's future trajectory. The company's strategic initiatives, including participation in transmission expansion plans and a substantial CapEx plan, position it for sustainable growth and operational enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

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Non-current liabilities

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

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Free cash flow

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.

Shares of FirstEnergy Corp. shot up 9.5% toward a seven-month high in afternoon trading Thursday, enough to space the S&P 500's gainers, as investors seemed to focus more on billionaire activist investor Carl Icahn's plan to buy a stake in the electric utility than on the company's profit and revenue miss. The company disclosed in its 10-K filing with the Securities and Exchange Commission that it was notified that Icahn "has a present good faith intention to acquire voting securities" of the company, in an amount somewhere between $184 million and $919.9 million.

FirstEnergy's stock surges to lead S&P 500 gainers after Icahn discloses plan to buy a stake

FirstEnergy's (FE) fourth-quarter results displease investors with lower-than-expected earnings and revenues, which further decline year over year.

FirstEnergy's (FE) Q4 Earnings & Revenues Lag Estimates

FirstEnergy (FE) delivered earnings and revenue surprises of -36.00% and -10.04%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

FirstEnergy (FE) Q4 Earnings and Revenues Miss Estimates

Shares of FirstEnergy (NYSE:FE) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 41.82% year over year to $0.32, which missed the estimate of $0.47.

Recap: FirstEnergy Q4 Earnings

AKRON, Ohio, Feb. 18, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported full-year 2020 GAAP earnings of $1.1 billion, or $1.99 per basic and diluted share of common stock, on revenue of $10.8 billion. In 2019, the company reported GAAP earnings of $908 million, or $1.70 per...

FirstEnergy Announces Fourth Quarter and Full Year 2020 Financial Results

FirstEnergy (NYSE:FE) releases its next round of earnings this Thursday, February 18. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

FirstEnergy Earnings Preview

Con Ed

Alliant Energy

Southern Company

Total Q4 earnings of Utility stocks are expected to drop 2.8% year over year on 0.1% lower revenues.

Utility Stocks' Q4 Earnings Due on Feb 18: SO, ED, & More

AKRON, Ohio, Feb. 16, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it is taking proactive steps to resolve a range of regulatory proceedings affecting its Ohio utilities by pursuing holistic and transparent discussions with key stakeholders. As a first step, the...

FirstEnergy Taking Decisive Actions to Move the Company Forward

Baidu

Microsoft

Value fund trims big tech positions, continues investing in energy

First Pacific Advisors' Biggest Trades of the 4th Quarter

To meet soaring demand of electric vehicles in Trumbull County, FirstEnergy (FE) begins the construction of a transmission substation.

FirstEnergy (FE) Builds Power Facility in Trumbull County

AKRON, Ohio, Feb. 5, 2021 /PRNewswire/ -- Construction is underway on a new FirstEnergy Corp. (NYSE: FE) transmission substation in Trumbull County, Ohio, to support the energy demands of the area's rapidly expanding electric vehicle (EV) industry. The work is also expected to help reduce...

FirstEnergy Power Upgrades Will Support New EV Battery Plant in Lordstown and Boost Local Economic Growth

ERIE, Pa., Feb. 4, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), is converting about 2,300 high-pressure sodium streetlights to smart LED streetlights in partnership with the City of Erie. The new energy-efficient streetlights will be installed in eight...

Penelec Converts Erie Streetlights to Smart LED Technology

While improved demand from commercial and industrial plus residential group is likely to support FirstEnergy's (FE) fourth-quarter results, winter storms and power cuts might affect the same.

What's in the Offing for FirstEnergy's (FE) Q4 Earnings?

AKRON, Ohio, Jan. 29, 2021 /PRNewswire/ -- For the third consecutive year, FirstEnergy Corp. (NYSE: FE) has been included in the Bloomberg Gender-Equality Index (GEI), recognizing its investment in gender equity in the workplace and the communities in which it operates. The GEI uses a...

FirstEnergy Earns 2021 Bloomberg Gender-Equality Index Designation

AKRON, Ohio, Jan. 28, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today published its updated Strategic Plan and announced that it is continuing its progress toward building a more diverse and inclusive workplace by pursuing a 30% increase in racially and ethnically underrepresented...

FirstEnergy Announces Updated Strategic Plan, Including Goal to Accelerate Workforce Diversity

FirstEnergy's (FE) Pennsylvania units successfully invest above $120 million in 2020 to strengthen and modernize its power system as well as increase the reliability and safety of its services.

FirstEnergy's (FE) Arm Spends $120M, To Meet Long-Term Plan

MORRISTOWN, N.J., Jan. 25, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed more than $97 million in major projects that include infrastructure enhancements, vegetation management and distribution automation to its...

JCP&L Wraps Up Projects to Strengthen, Modernize Power System

WILLIAMSPORT, Md., Jan. 25, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed installation of four electric vehicle (EV) fast-charging stations in Hancock and McHenry, the first such units the company has installed in its Maryland service...

Potomac Edison Installs First EV Fast Charging Stations in Maryland

MILWAUKEE, Jan. 21, 2021 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against FirstEnergy Corp. (NYSE: FE) on behalf of investors who traded in FE Options before July 22, 2020. The investigation results from inaccurate statement First Energy may have made...

Ademi LLP Investigates Claims of Securities Fraud against FirstEnergy Corp. on behalf of Investors trading in FE Options

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In December, we received $4,699.20 in dividend income. That is a 23.4% increase compared to last year. We received $3,500 from our retirement accounts this month alone. In total, our dividend income increased nearly $10 from dividend increases.

Dividend Income Summary: Bert's December 2020 Summary - New Record

AKRON, Ohio, Jan. 19, 2021 /PRNewswire/ -- The FirstEnergy Foundation has donated more than $3.4 million to nearly 100 organizations across its service territory as part of "Investing with Purpose," a company initiative focused on supporting organizations that advance health and safety,...

FirstEnergy Foundation Donates $3.4 Million to Community Organizations through "Investing with Purpose" Program

WILLIAMSPORT, Md., Jan. 19, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed two new distribution automation projects that will reduce service interruptions for nearly 6,500 customers in its Maryland service area. The distribution automation...

Potomac Edison Completes Automatic Restoration Projects in Maryland

AKRON, Ohio, Jan. 19, 2021 /PRNewswire/ -- Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently delivered a surprise $15,000 "Gift of the Season" to the Imagination Station's Girl Power 2021, a program at the science center in Toledo that promotes science education and...

Toledo Edison Presents "Gift of the Season" to Imagination Station

READING, Pa., Jan. 19, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is issuing a Request for Proposal (RFP) to purchase 137,000 Solar Photovoltaic Alternative Energy Credits (SPAECs) annually over a two-year period on behalf of three FirstEnergy Pennsylvania utilities – Pennsylvania...

Three FirstEnergy Pennsylvania Utilities Launch Request for Proposal for Solar Energy Credits

NorthWestern

Utility stocks are today priced at historically low valuations. We believe that they present significant upside potential as they reprice for the 0% interest rate world.

News for FirstEnergy Stock (FE)