Earnings Summary

Firstenergy Corp.’s revenue jumped 1.73% since last year same period to $3287Mn in the Q1 2024. On a quarterly growth basis, Firstenergy Corp. has generated 4.48% jump in its revenue since last 3-months.

Firstenergy Corp.’s net profit fell -13.36% since last year same period to $253Mn in the Q1 2024. On a quarterly growth basis, Firstenergy Corp. has generated 44.57% jump in its net profits since last 3-months.

Firstenergy Corp.’s net profit margin fell -14.83% since last year same period to 7.7% in the Q1 2024. On a quarterly growth basis, Firstenergy Corp. has generated 38.37% jump in its net profit margins since last 3-months.

Firstenergy Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 21.1.

Firstenergy Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.55 - a -1.79% fall from last quarter’s estimates.

Firstenergy Corp.’s earning per share (EPS) estimates for the current year stand at 0.55.

Firstenergy Corp.’s earning per share (EPS) fell -8.33% since last year same period to 0.55 in the Q1 2024. This indicates that the Firstenergy Corp. has generated -8.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Firstenergy Corp.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Firstenergy Corp.’s return on equity (ROE) stands at 0.09.

Firstenergy Corp. declared 0.41 dividend per share during the earnings announcement for Q1 2024.