FirstEnergy (FE) Tops Q2 EPS by 5c, Offers Guidance

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FirstEnergy Announces Second Quarter Financial Results

July 30, 2015 4:16 PM EDT

AKRON, Ohio, July 30, 2015 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported second quarter 2015 operating (non-GAAP) earnings* of $0.53 per basic share of common stock.  These results exclude the impact of the special items listed below, and compare to 2014 second quarter operating (non-GAAP) earnings of $0.49 per basic share of common stock.

GAAP earnings for the second quarter of 2015 were $187 million, or $0.44 per basic and diluted share of common stock, on revenue of $3.5 billion.  For the second quarter of 2014, GAAP earnings were $64 million, or $0.16 per basic share of common stock ($0.15 diluted), on revenue of $3.5 billion.... More