FirstEnergy Q2 Adj $0.56, Inline, Sales $3.28B Miss $3.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
FirstEnergy (NYSE:FE) reported Q2 earnings of $0.56 per share, meeting analyst expectations and showing a 19.15% increase from the same period last year.
July 30, 2024 | 8:41 pm
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FirstEnergy reported Q2 earnings of $0.56 per share, meeting analyst expectations and showing a 19.15% increase from the same period last year.
Meeting analyst expectations and showing a significant year-over-year increase in earnings per share is generally positive for the stock price. Investors are likely to view the consistent performance favorably.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100