FirstEnergy to Release Q3 Earnings: Here's What You Need to Know [Yahoo! Finance]
FirstEnergy Corp. (FE)
Last firstenergy corp. earnings: 4/23 04:20 pm
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Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. During the third quarter, FirstEnergy's subsidiary FirstEnergy Pennsylvania Electric Company energized a new transformer at its substation near Third and Willow Streets in Lebanon, PA. This initiative is expected to have enhanced service reliability and bolstered the company's bottom line. In July 2024, the company received the remaining $1.2 billion in proceeds from the $3.5 billion sale of a 30% ownership interest in its FirstEnergy Transmission, LLC. The proceeds are expected to have been consistent with the company's plan to further transform its balance sheet and support its five-year $26 billion “Energize365” grid investment program. This should have aided FE's overall performance in the to-be-reported quarter. However, unfavorable weather patterns, including heavy rainfall, severe storms flooding, along w
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FE
Earnings
- 10/29/24 - Miss
FE
Sec Filings
- 11/13/24 - Form SC
- 11/8/24 - Form 8-K
- 10/29/24 - Form 10-Q
- FE's page on the SEC website