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FirstEnergy Corp. - Utilities | Electric Utilities | USA
FirstEnergy (FE) Q4 Earnings Beat Estimates, Revenues Miss
FirstEnergy Corporation FE delivered fourth-quarter 2019 operating earnings of 55 cents per share, which beat the Zacks Consensus Estimate of 48 cents by 14.6%. Quarterly earnings increased 10% year over year.
On a GAAP basis, the company incurred a loss of 20 cents against earnings of 25 cents in the prior-year quarter.
In 2019, FirstEnergy delivered earnings of $2.58, down from $2.59 in 2018. The actual results in at the top end of the expected guidance range of $2.50 - $2.60 per share.
Total Revenues
FirstEnergy generated total revenues of $2,673 million in fourth-quarter 2019, which missed the Zacks Consensus Estimate of $2,745 million by 2.6%. The figure declined from $2,710 million in the year-ago quarter.
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https://finance.yahoo.com/news/firstener...07084.html
![[Bild: FEc1dl1217.png]](https://finviz.com/publish/020820/FEc1dl1217.png)
In 2019, FirstEnergy generated revenues of $11,035 million, down from $11,261 million a year ago.
FirstEnergy (FE) Q4 Earnings Beat Estimates, Revenues Miss
FirstEnergy Corporation FE delivered fourth-quarter 2019 operating earnings of 55 cents per share, which beat the Zacks Consensus Estimate of 48 cents by 14.6%. Quarterly earnings increased 10% year over year.
On a GAAP basis, the company incurred a loss of 20 cents against earnings of 25 cents in the prior-year quarter.
In 2019, FirstEnergy delivered earnings of $2.58, down from $2.59 in 2018. The actual results in at the top end of the expected guidance range of $2.50 - $2.60 per share.
Total Revenues
FirstEnergy generated total revenues of $2,673 million in fourth-quarter 2019, which missed the Zacks Consensus Estimate of $2,745 million by 2.6%. The figure declined from $2,710 million in the year-ago quarter.
...
https://finance.yahoo.com/news/firstener...07084.html
In 2019, FirstEnergy generated revenues of $11,035 million, down from $11,261 million a year ago.
