FirstEnergy Corp.
FirstEnergy Corp. Reports Second Quarter 2024 Financial Results and Affirms Guidance
Summary
On July 30, 2024, FirstEnergy Corp. announced its second quarter 2024 financial results, reporting GAAP earnings of $0.08 per share and non-GAAP operating earnings of $0.56 per share. The company affirmed its full-year 2024 operating earnings guidance of $2.61 to $2.81 per share. FirstEnergy also provided third quarter earnings guidance of $0.85 to $0.95 per share. The release included strategic and financial highlights, which are available as Exhibit 99.2. Additionally, the company disclosed regulatory updates and final proceeds from the FET LLC transaction.
Profitelligence Alerts
Get alerts for FE
Be first to know when FirstEnergy Corp. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About FirstEnergy Corp.
FirstEnergy Corp. is a leading electric utility holding company based in the United States, primarily engaged in the transmission, distribution, and generation of electricity. Its core operations focus on regulated electric utilities, serving millions of customers across multiple states through a network of subsidiaries. The company plays a crucial role in the regulated electric utilities sector, ensuring reliable power supply to residential, commercial, and industrial users. FirstEnergy Corp. is involved in the management and maintenance of electricity grids, as well as in the development and implementation of infrastructure upgrades and grid modernization projects. By providing essential energy services, it supports economic activities across a variety of industries including manufacturing, technology, and public services. Its significant footprint in power transmission and distribution underscores its market importance, as it helps facilitate energy transitions and adoption of new technologies in the utility sector. Through its operations, FirstEnergy Corp. contributes to the stability and advancement of the broader energy market, positioning itself as a fundamental component within the global utilities landscape.
Official SEC Documents
Advertisement