Benzinga | Oct 28, 2021 05:51PM EDT

FirstEnergy: Q3 Earnings Insights

FirstEnergy (NYSE:FE) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:20 PM.

Here's what investors need to know about the announcement.

Earnings

FirstEnergy beat their estimated earnings by 3.8%, reporting an EPS of $0.82 versus an estimate of $0.79, which did not surprise analysts.

Revenue was up $124,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0, which was followed by a 1.74% drop in the share price the next day.

Here's a look at FirstEnergy's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.59 0.67 0.47 0.76EPS Actual 0.59 0.69 0.32 0.84Revenue Estimate 2.64B 2.94B 2.87B 2.94BRevenue Actual 2.60B 2.70B 2.54B 3.00B

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