FirstEnergy Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - FirstEnergy Corp. (FE) reported earnings for its first quarter that advanced from last year.

The company's earnings totaled $335 million, or $0.62 per share. This compares with $74 million, or $0.14 per share, in last year's first quarter.

Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $2.7 billion, equal to the mark posted in the same period last year.

FirstEnergy Corp. earnings at a glance:

-EPS (Q1): $0.69 vs. $0.66 last year. -Analysts Estimate: $0.68 -Revenue (Q1): $2.7 Bln vs. $2.7 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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