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FirstEnergy Sees Q3 EPS $0.85-$0.95 Vs $0.89 Est.; FY24 EPS $2.61-$2.81 Vs $2.69 Est.

Author: Benzinga Newsdesk | July 30, 2024 04:44pm

FirstEnergy provided a third quarter earnings guidance range of $490 million to $547 million, or $0.85 to $0.95 per share. The company also affirmed its 2024 operating (non-GAAP) earnings guidance range of $2.61 to $2.81 per share, and its long-term, 6% to 8% targeted annual operating earnings growth rate, which is based off the previous year's operating earnings guidance midpoint and supported by the company's refreshed and extended $26 billion, five-year capital investment plan, Energize365.

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