FirstEnergy (FE) Beats Q1 Earnings and Revenue Estimates

分组1 - FirstEnergy reported quarterly earnings of $0.67 per share, exceeding the Zacks Consensus Estimate of$0.60 per share, and up from $0.55 per share a year ago, representing an earnings surprise of 11.67$3.77 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.17%, compared to $3.29 billion in the same quarter last year [2] - FirstEnergy shares have increased approximately 7.4% since the beginning of the year, while the S&P 500 has declined by 10.1% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of$3.49 billion, and for the current fiscal year, it is $2.70 on revenues of$14.43 billion [7] - The Zacks Industry Rank for Utility - Electric Power is currently in the top 14% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] 分组3 - The estimate revisions trend for FirstEnergy is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - One other stock in the same industry, Algonquin Power & Utilities, is expected to report quarterly earnings of $0.09 per share, reflecting a year-over-year decline of 35.7% [9]