Every material Form 8-K FirstEnergy filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FirstEnergy reported third quarter 2024 GAAP earnings from continuing operations of $419 million, or $0.73 per share, on revenue of $3.7 billion, and operating earnings of $0.85 per share, within its guidance range. The company narrowed its full-year 2024 operating earnings guidance to $2.61 to $2.71 per share, lowering the top of the prior $2.61 to $2.81 range, and raised its 2024 capital investment plan to $4.6 billion.
Q3 2024 GAAP earnings from continuing operations were $419 million ($0.73 per share), compared with $421 million ($0.74 basic per share) in Q3 2023.
Q3 2024 operating EPS was $0.85, down from $0.88 in Q3 2023, while revenue rose to $3.7 billion from $3.5 billion.
2024 operating EPS guidance narrowed to $2.61 to $2.71 from $2.61 to $2.81, citing mild weather, lower Ohio distribution revenues and higher storm restoration costs.
The 2024 capital investment plan increased by $300 million to $4.6 billion, and the company affirmed its targeted 6% to 8% long-term annual operating earnings growth.
FirstEnergy reported second quarter 2024 GAAP earnings of $45 million, or $0.08 per share, down from $235 million, or $0.41 per share, a year earlier, while operating (non-GAAP) EPS rose 19% to $0.56 on revenue of $3.3 billion. The company affirmed its 2024 operating EPS guidance of $2.61 to $2.81 and gave third quarter guidance of $0.85 to $0.95 per share. The GAAP decline reflects $0.48 per share of special items, including a $0.28 charge tied to an asset retirement obligation regulatory change.
GAAP earnings were $45 million, or $0.08 per share, versus $235 million, or $0.41 per share, in Q2 2023; revenue was $3.3 billion versus $3.0 billion.
Operating EPS was $0.56 versus $0.47 a year earlier, above the midpoint of company guidance.
Special items totaled $0.48 per share in Q2 2024, including a $0.28 asset retirement obligation regulatory change.
2024 operating EPS guidance of $2.61 to $2.81 was affirmed; third quarter guidance is $490 million to $547 million, or $0.85 to $0.95 per share.
FirstEnergy reported first quarter 2024 GAAP earnings of $253 million, or $0.44 per share, down from $292 million, or $0.51 per share, a year earlier, on revenue of $3.3 billion, up from $3.2 billion. Operating (non-GAAP) earnings were $0.55 per share, compared with $0.60 a year earlier, and the company affirmed its 2024 operating EPS guidance of $2.61 to $2.81. Shareholders also get second quarter guidance of $290 million to $345 million, or $0.50 to $0.60 per share.
Q1 2024 GAAP earnings $253 million ($0.44 per share) vs. $292 million ($0.51) in Q1 2023; revenue $3.3 billion vs. $3.2 billion
Q1 2024 operating EPS $0.55 vs. $0.60 in Q1 2023
Q2 2024 earnings guidance $290 million to $345 million, or $0.50 to $0.60 per share
2024 operating EPS guidance of $2.61 to $2.81 affirmed; long-term 6% to 8% annual operating EPS growth target reaffirmed
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FirstEnergy filing is on SEC EDGAR ↗. 8-K briefs of other companies →