FirstEnergy (FE) Lags Q3 Earnings and Revenue Estimates

FirstEnergy (FE) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of$ 0.91 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -6.59%. A quarter ago, it was expected that this utility company would post earnings of$ 0.56 per share when it actually produced earnings of $0.56, delivering no surprise. Over the last four quarters, the company has su ...