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State: 17.08.2024 | 11PM
Tue, 29.10.2024       FirstEnergy

Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range

Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share 

Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023

Affirms targeted 6-8% long-term annual operating earnings growth

AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2024 GAAP earnings from continuing operations of $419 million, or $0.73 per basic and diluted share, on revenue of $3.7 billion. This compares to third quarter 2023 GAAP earnings from continuing operations of $421 million, or $0.74 per basic share ($0.73 diluted), on revenue of $3.5 billion. GAAP results for both periods include the impact of special items listed below.

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