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FirstEnergy Earnings Inline, Revenue beats In Q4

Published 06/01/2022, 12:07
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Investing.com - FirstEnergy reported on Thursday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.

FirstEnergy announced earnings per share of $0.5064 on revenue of $2.73B. Analysts polled by Investing.com anticipated EPS of $0.5064 on revenue of $2.67B.

FirstEnergy shares are down 1% from the beginning of the year and are trading at $40.80 , down-from-52-week-high.They are broadly in line with the S&P 500 which is down 1.38% from the start of the year.

FirstEnergy follows other major Utilities sector earnings this month

FirstEnergy's report follows an earnings beat by Azure Power Global on December 10, 2021, who reported EPS of $-0.0857 on revenue of $57.89M, compared to forecasts EPS of $-0.1052 on revenue of $50.23M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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