• FirstEnergy Corp FE.N reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 68 cents to 73 cents per share.

• Revenue rose 1% to $3.18 billion from a year ago; analysts expected $4.07 billion.

• FirstEnergy Corp's reported EPS for the quarter was 45 cents​.

• The company reported quarterly net income of $261 million.

• FirstEnergy Corp shares had risen by 8.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is "hold."

Wall Street's median 12-month price target for FirstEnergy Corp is $46.00

This summary was machine generated from LSEG data February 27 at 06:42 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)