FirstEnergy (FE) Tops Q3 EPS by 5c, Revenues Beat

FirstEnergy (NYSE: FE) reported Q3 EPS of $0.84, $0.05 better than the analyst estimate of $0.79.

"Our strong third quarter results reflect the hard work, resiliency and attention to safety demonstrated by our employees during this year of unprecedented challenges," said Steven E. Strah, FirstEnergy's acting chief executive officer.

"While our Board initiated changes to our leadership team last week, our company's primary focus remains the same: providing reliable service to our customers and executing our growth initiatives," he said.

GUIDANCE:

FirstEnergy sees FY2020 EPS of $2.40-$2.60, versus the consensus of $2.50.

For earnings history and earnings-related data on FirstEnergy (FE) click here.

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