FE Pennsylvania completes work of new poles and equipment to enhance electric service reliability for nearly 1,000 customers.
FirstEnergy is a recession-resistant utility stock, benefiting from steady consumer demand and stable revenue, making it a potentially attractive defensive investment. FE stock has been rangebound for a decade, offering neither strong capital appreciation nor significant dividend growth, making it a stable but uninspiring investment compared to other utilities. Despite steady revenue and a safe dividend, the Company's lackluster dividend growth and limited capital appreciation make it less attractive compared to peers like Duke Energy and Consolidated Edison.
FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?
FirstEnergy will cut less than 3% of its workforce and reassign 200 employees as part of an effort to boost efficiency and control costs.
FE raises its quarterly dividend once again, courtesy of contributions from regulated operations and improving economic conditions in its service territories boosting demand.
FE's subsidiary, Jersey Central Power & Light, begins construction on a project to upgrade overhead and install a new underground electric service.
FirstEnergy Corp. (NYSE:FE ) Q4 2024 Earnings Conference Call February 27, 2025 8:00 AM ET Company Participants Karen Sagot - VP of IR Brian Tierney - President CEO and Chairman Jon Taylor - SVP Strategy and CFO Conference Call Participants Shar Pourreza - Guggenheim Securities Carly Davenport - Goldman Sachs Nick Campanella - Barclays Michael Lonegan - Evercore ISI Jeremy Tonet - JPMorgan Steve Fleishman - Wolfe Research Andrew Weisel - Scotiabank Anthony Crowdell - Mizuho Securities Operator Hello, and welcome to FirstEnergy Corp. Fourth Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded.
FE's fourth-quarter earnings and revenues lag estimates. The company continues with the long-term capital investment plan to strengthen its infrastructure.
FirstEnergy (FE) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.62 per share a year ago.
FE fourth-quarter 2024 results are expected to benefit from 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.
The market leaves investors with plenty of hints when volatility spikes, and recently, after the technology sector's shaky price action, it looks like the sentiment is clear. Not only that, but the tariffs being implemented by President Trump have created a volatile environment for the foreseeable future.