
Valued at a market cap of $23.4 billion, FirstEnergy Corp. (FE) engages in the generation, distribution, and transmission of electricity. The Akron, Ohio-based company operates through Distribution, Integrated, and Stand-Alone Transmission segments. The utility giant is expected to release its Q1 2025 earnings after the market closes on Wednesday, Apr. 23.
Ahead of this event, analysts expect FirstEnergy to post adjusted earnings of $0.58 per share, reflecting a growth of 5.5% from $0.55 per share reported in the same quarter last year. While the company has met or surpassed Street's bottom-line estimates twice over the past four quarters, it fell short of expectations on two other occasions.