FE Pennsylvania receives approval to implement phase three of its LTIIP. It will focus on improving service reliability through grid modernization and system resiliency.
FE's focus on infrastructure upgrades should further boost its service reliability and improve overall performance.
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?
FirstEnergy Corp. (NYSE:FE ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Gina Caskey - Director, Investor Relations & Corporate Responsibility Brian Tierney - President and Chief Executive Officer Jon Taylor - Senior Vice President, Chief Financial Officer and Strategy Conference Call Participants Shahriar Pourreza - Guggenheim Securities Nick Campanella - Barclays David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Michael Lonegan - Evercore ISI Anthony Crowdell - Mizuho Securities Angie Storozynski - Seaport Global Paul Patterson - Glenrock Associates Sophie Karp - KeyBanc Capital Markets Andrew Weisel - Scotia Howard Weil Paul Fremont - Ladenburg Thalmann Operator Hello, and welcome to the FirstEnergy Corp. Third Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded.
FE third-quarter earnings and revenues lag estimates due to higher storm restoration costs. The company will maintain its five-year capital expenditure plan.
FirstEnergy (FE) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.88 per share a year ago.
Utility firm FirstEnergy missed third-quarter profit estimates on Tuesday, hurt by higher storm restoration expenses and lower tax benefits.
FE's third-quarter 2024 results are expected to benefit from the enhancement of service reliability and the installation of a new transformer at its substation.
FirstEnergy (FE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FE, Dominion Energy and American Electric jointly propose to develop transmission projects in the PJM region to support the grid and promote clean energy production.
FE makes a strong case for investment given its growth prospects, strong ROE, high solvency and capability to increase shareholders' value through dividends.
Here is how FirstEnergy (FE) and NiSource (NI) have performed compared to their sector so far this year.