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FirstEnergy Corp. (FE) reported a profit for its third quarter that rose from last year.


RTTNews | Oct 28, 2021 04:52PM EDT

16:51 Thursday, October 28, 2021 (RTTNews.com) - FirstEnergy Corp. (FE) reported a profit for its third quarter that rose from last year.

The company's profit totaled $463 million, or $0.85 per share. This compares with $454 million, or $0.84 per share, in last year's third quarter.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.3% to $3.1 billion from $3.0 billion last year.

FirstEnergy Corp. earnings at a glance:

-Earnings (Q3): . vs. . last year.-EPS (Q3): $0.82 vs. $0.84 last year.-Analysts Estimate: $0.79-Revenue (Q3): $3.1 Bln vs. $3.0 Bln last year.

-Guidance:Full year EPS guidance: $2.55 to $2.65

Read the original article on RTTNews ( https://www.rttnews.com/3237000/firstenergy-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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