FE's subsidiary, American Transmission Systems, continues to enhance service reliability by upgrading high-voltage substation in Sylvania Township.
FE brings in a new technology for vegetation management, which will ensure efficient management and protect power lines at lower expenses.
FE's units begin construction on the third utility-scale solar site in West Virginia. This initiative is in sync with FE's commitment to building a more sustainable future.
Ohio-based electricity provider FirstEnergy (FE) said that it has reached a $100 millin settlement into the Securities and Exchange Commission's (SEC) investigation into the company's bribery scandal.
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?
As of Aug 21, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
FirstEnergy (FE) continues to benefit from strategic investments and the enhancement of technologies to strengthen its infrastructure.
FirstEnergy Corp. (NYSE:FE ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Irene Prezelj - Vice President, Investor Relations & Communications Brian Tierney - President & Chief Executive Officer Jon Taylor - Senior Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Chase Nick Campanella - Barclays Carly Davenport - Goldman Sachs Michael Lonegan - Evercore ISI Paul Patterson - Glenrock Associates Andrew Weisel - Scotiabank Gregg Orrill - UBS Anthony Crowdell - Mizuho Securities Operator Hello, and welcome to the FirstEnergy Corp. Second Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded.
FirstEnergy's (FE) second-quarter earnings are on par with estimates. The company continues to make strategic investments to further strengthen and expand its transmission and distribution operation.
FirstEnergy (FE) came out with quarterly earnings of $0.56 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.47 per share a year ago.
FirstEnergy's (FE) second-quarter 2024 results are expected to benefit from the ongoing enhancement of transmission lines and new distribution rates.
FirstEnergy (FE) makes a strong case for investment, given its earnings growth prospects, strategic investments, and strong ROE.