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FE

Firstenergy Corp.

$41.24

Earnings Summary

Q2 FY2022-2023Q1 FY2022-2023Q4 FY2021-2022Q3 FY2021-2022Q2 FY2021-2022Q1 FY2021-2022Q4 FY2020-2021Q3 FY2020-2021Q2 FY2020-2021Q1 FY2020-2021Q4 FY2019-2020Q3 FY2019-2020Q2 FY2019-2020Q1 FY2019-2020Q4 FY2018-2019Q3 FY2018-2019Q2 FY2018-2019Q1 FY2018-2019Q4 FY2017-2018Q3 FY2017-2018Q2 FY2017-2018Q1 FY2017-2018Q4 FY2016-2017Q3 FY2016-2017
Revenue
$2818Mn
Net Profits
$192Mn
Net Profit Margins
6.81%
PE Ratio
17.24

Highlights

Revenue:

Firstenergy Corp.’s revenue jumped 7.48% since last year same period to $2818Mn in the Q2 2022. On a quarterly growth basis, Firstenergy Corp. has generated -5.72% fall in its revenue since last 3-months.

Net Profits:

Firstenergy Corp.’s net profit jumped 231.03% since last year same period to $192Mn in the Q2 2022. On a quarterly growth basis, Firstenergy Corp. has generated -33.33% fall in its net profits since last 3-months.

Net Profit Margins:

Firstenergy Corp.’s net profit margin jumped 208.01% since last year same period to 6.81% in the Q2 2022. On a quarterly growth basis, Firstenergy Corp. has generated -29.29% fall in its net profit margins since last 3-months.

PE Ratio:

Firstenergy Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 17.24.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Firstenergy Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.8
EPS Estimate Current Year
0.8

Highlights

EPS Estimate Current Quarter:

Firstenergy Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.8 - a 53.85% jump from last quarter’s estimates.

EPS Estimate Current Year:

Firstenergy Corp.’s earning per share (EPS) estimates for the current year stand at 0.8.

Key Ratios

Key ratios of the Firstenergy Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
0.53
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.14
Dividend Per Share (DPS)
1.56

Highlights

Earning Per Share (EPS):

Firstenergy Corp.’s earning per share (EPS) fell -10.17% since last year same period to 0.53 in the Q2 2022. This indicates that the Firstenergy Corp. has generated -10.17% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.14.

Dividend Per Share (DPS):

Firstenergy Corp. declared 1.56 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

20222021202020192018201720162015
Earnings DateEstimated EPSReported EPSSurprise %
2022-07-26
0.52
0.53
1.92%
2022-04-21
0.62
0.6
-3.23%

Company Information

FirstEnergy Corp. is dedicated to safety, reliability and operational excellence. Its ten electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.

Organisation
Firstenergy Corp.
Headquarters
Akron, Ohio, US
Employees
12.15K
Industry
Utilities
CEO
Charles Jones