FirstEnergy (FE) Reports In-Line Q1 EPS

FirstEnergy (NYSE: FE) reported Q1 EPS of $0.67, in-line with the analyst estimate of $0.67.

• Operating (non-GAAP) earnings* were $0.67 per share for the first quarter of 2018, compared with $0.52 per share in the first quarter of 2017.

"Eighteen months ago, we announced our plan to move away from commodity-exposed generation, so our company could fully focus on the tremendous opportunities in our regulated businesses," said Charles E. Jones, FirstEnergy president and chief executive officer. "Today, we are pleased to report strong earnings that represent FirstEnergy as a fully regulated company, and to reaffirm our guidance and growth projections."

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

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