FirstEnergy (FE) Tops Q1 EPS by 2c
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FirstEnergy Announces First Quarter 2019 Financial Results
April 23, 2019 4:20 PM EDTAKRON, Ohio, April 23, 2019 /PRNewswire/ --Â FirstEnergy Corp. (NYSE: FE) today reported first quarter 2019 GAAP earnings of $315 million or $0.59 per basic and diluted share, on revenues of $2.9 billion. In the first quarter of 2018, the company recorded GAAP earnings of $1.2 billion or $2.55 per basic share ($2.54 diluted), on revenues of $2.9 billion. GAAP earnings for the first quarter of 2018 included a gain on the deconsolidation of FirstEnergy Solutions Corp., its subsidiaries, and FirstEnergy Nuclear Operating Company as a result of their bankruptcy filing on March 31, 2018. GAAP earnings for both periods include the impact of special items listed below.
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