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

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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.

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Cost of revenue

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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.

The probability of a reduction in FirstEnergy Corp's (NYSE: FE) earnings of around $150 million due to the Ohio rate reset has fallen from the earlier 100% to 50%, according to BofA Securities. The FirstEnergy Analyst: Julien Dumoulin-Smith upgraded the rating for FirstEnergy from Neutral to Buy, while raising the price target from $32 to $37.

BofA Upgrades FirstEnergy Stock On Steady Improvement In Ohio Regulatory Backdrop

NEW CASTLE, Pa., March 9, 2021 /PRNewswire/ -- Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading infrastructure and installing technology to modernize its electric system in western Pennsylvania as part of a four-year plan that began last year to limit the number and...

Work Underway to Enhance Penn Power's Electric System

AKRON, Ohio, March 8, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Steven E. Strah has been named the company's chief executive officer and a member of the Board of Directors, effective immediately. Strah has served as acting chief executive officer since October...

FirstEnergy Names Steven E. Strah Chief Executive Officer

BRECKSVILLE, Ohio, March 4, 2021 /PRNewswire/ -- As part of its plan to modernize its electric distribution system in Ohio, The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing electrical grid upgrades in eastern Cuyahoga County to limit the frequency and...

Work Underway to Enhance The Illuminating Company's Electric System in Eastern Cuyahoga County

NEW CASTLE, Pa., March 3, 2021 /PRNewswire/ -- As part of its ongoing efforts to protect nesting birds and prevent power outages, Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has partnered with the Erie Bird Observatory for the second year in a row to install a nesting...

Penn Power Partners with Erie Bird Observatory for Second Consecutive Year to Protect Nesting Birds, Prevent Power Outages

MORRISTOWN, N.J., March 3, 2021 /PRNewswire/ -- Jim Fakult, President of Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has been recognized by ROI-NJ and NJ Biz for leadership of 1,500 dedicated electric industry professionals who keep the power on...

JCP&L President Jim Fakult Named on Prominent New Jersey "Power Lists" for 2021

Bunge Global SA

Dolby Laboratories

W. R. Grace & Co.

Intel

S&W Seed

Twitter

CIT Group

Michael Price ( Trades , Portfolio ), founder of MFP Investors LLC, has revealed his portfolio for the fourth quarter of 2020. The top trades of the quarter include reductions in top holdings Dolby Laboratories Inc. (NYSE:DLB) and Intel Corp. (NASDAQ:INTC), a new buy into W.R.

Michael Price's Top 5 Trades of the 4th Quarter

Carl Icahn's announced intent to buy a sizable stake in FirstEnergy is encouraging, but that's not the only reason to consider FE stock. The post Build a Slow Position in FirstEnergy As Utilities Giant Rebuilds Trust appeared first on InvestorPlace.

Build a Slow Position in FirstEnergy As Utilities Giant Rebuilds Trust

Activist investor Carl Icahn is looking to buy a stake in FirstEnergy Corp, the energy distributor said in a regulatory filing on Thursday.

FirstEnergy says activist investor Carl Icahn looking to buy stake

The utility had some interesting updates.

Why FirstEnergy Stock Is Surging Today

FirstEnergy Corp. (FE) CEO Steven Strah on Q4 2020 Results - Earnings Call Transcript

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...

News for FirstEnergy Stock (FE)