FirstEnergy Corp. (FE)
FirstEnergy Corp. (FE) Q2 2024 Earnings Call Transcript
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 (FE) Q2 Earnings On Par, Revenues Lag Estimates
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) Q2 Earnings Meet Estimates
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.
What's in the Cards for FirstEnergy (FE) This Earnings Season?
FirstEnergy's (FE) second-quarter 2024 results are expected to benefit from the ongoing enhancement of transmission lines and new distribution rates.
Reasons to Add FirstEnergy (FE) to Your Portfolio Right Now
FirstEnergy (FE) makes a strong case for investment, given its earnings growth prospects, strategic investments, and strong ROE.
FirstEnergy (FE) Boosts Infrastructure for Summer Heat & Storms
FirstEnergy's (FE) subsidiaries complete the inspection and maintenance of FE's high-voltage power lines to ensure reliable power for customers during summers, storms and hurricanes.
FirstEnergy (FE) to Gain From Regulated Operations & Investments
FirstEnergy's (FE) focus on infrastructure improvements should boost its service reliability and improve its performance.
