FirstEnergy (FE) Misses Q4 EPS by 4c, Misses on Revenue

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FirstEnergy Announces Fourth Quarter and Full Year 2024 Financial Results

February 26, 2025 4:20 PM EST

Reports full year 2024 GAAP earnings of $1.70 per share and Operating (non-GAAP) earnings of $2.63 per share, within guidance range

Customer-focused capital investments of $4.5 billion in 2024 to improve grid reliability and resiliency and support the energy transition represent a 20% increase over 2023

Expands Energize365 capital investment program through 2029 with planned capital investments of $28 billion, an 8% increase from previous five-year plan, resulting in anticipated 9% rate base growth

Introduces 2025 Core (non-GAAP) earnings guidance and a targeted 6-8% compound annual Core... More