FirstEnergy (FE) Misses Q4 EPS by 3c, Offers Guidance

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Go back to FirstEnergy (FE) Misses Q4 EPS by 3c, Offers Guidance

FirstEnergy Announces Fourth Quarter and Full Year 2022 Financial Results

February 13, 2023 4:22 PM EST

Reports full year 2022 GAAP earnings of $0.71 per share and operating (non-GAAP) earnings of $2.41 per share, above midpoint of guidance range

Provides 2023 earnings guidance of $2.44 to $2.64 per share for the full year and $0.56 to $0.66 per share for the first quarter

Affirms targeted 6-8% long-term annual operating earnings growth

Announces new dividend policy with 60-70% payout ratio

AKRON, Ohio, Feb. 13, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE)... More