Investors and market participants can look forward to the unveiling of FirstEnergy Corp (NYSE: FE) third quarter financial results on Tuesday 29th October 2024. This important update will be made available after market close.
Financial analysts on Wall Street are anticipating that the enterprise will announce an estimated $0.90 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $3.91 billion for this period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $13.99 billion. Additionally, they are expecting the company to achieve a per share profit of $2.7 for the fiscal year 2024.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.88. This figure was attributed to the company's total revenue, which reached an impressive $3.49 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.56 | +19.1% | 3.28 B | +9.1% |
| Q1 2024 | $0.55 | -8.3% | 3.29 B | +1.7% |
| Q4 2023 | $0.62 | +24.0% | 3.15 B | -1.0% |
| Q3 2023 | $0.88 | +11.4% | 3.49 B | +0.3% |
| Q2 2023 | $0.47 | -11.3% | 3.01 B | +6.7% |
| *Growth on year-over-year basis | ||||
The organization has scheduled a conference call on 30th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw FirstEnergy Corp (FE) shares trading between $43.36 and $44.36, besides a volume of 2.33 million shares. The stock closed Friday's regular trading session at $43.41, reflecting 1.54 percent drop.
