- FirstEnergy’s first-quarter earnings per share (EPS) were 62 cents, falling short of analyst estimates of 66 cents.
- The EPS showed improvement compared to the previous year, where it was 44 cents.
- The company reported revenues of $3.8 billion, surpassing expectations of $3.49 billion.
- Revenue increased by 15% compared to the same quarter the previous year.
- Analysts’ recommendations for FirstEnergy include 9 buy ratings and 9 hold ratings, with no sell ratings.
A look at Firstenergy Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a diverse business portfolio focused on electricity generation, transmission, and distribution as well as oil and natural gas exploration, FirstEnergy Corp shows promise for long-term growth. Smartkarma Smart Scores indicate a strong performance in areas such as dividend yield and momentum, positioning the company well for future expansion and shareholder returns.
Despite facing challenges like market resilience and growth opportunities, FirstEnergy Corp maintains a solid overall outlook driven by its robust dividend payouts and upward momentum. As a public utility holding company with a wide range of energy-related services, the firm’s strategic positioning and consistent performance make it an attractive investment option for those seeking stable returns in the energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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