Preview: FirstEnergy's Earnings
Portfolio Pulse from Benzinga Insights
FirstEnergy (NYSE:FE) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.86. The company's past performance shows a trend of share price drops following earnings reports, even when beating estimates. The stock is currently trading at $35.7, down 4.21% over the last 52-week period.
October 25, 2023 | 7:01 pm
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FirstEnergy's upcoming earnings report could potentially impact its stock price. Historically, the company's share price has dropped following earnings reports, even when beating estimates.
FirstEnergy's stock price has historically dropped following earnings reports, even when the company has beaten estimates. This trend, combined with the current negative returns, could potentially lead to a further decrease in the stock price following the upcoming earnings report.
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