secwatch.observer — SEC 8-K summary
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Issuer:     FIRSTENERGY CORP (FE)
CIK:        0001031296
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001031296-22-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FirstEnergy Q3 GAAP EPS $0.58, operating EPS $0.79 at top of guidance; reaffirms FY2022 upper-half outlook
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- Q3 GAAP earnings $334M ($0.58/sh) vs $463M ($0.85) a year ago; revenue $3.5B vs $3.1B.
- Operating (non-GAAP) EPS $0.79, at top end of guidance; compares to $0.82 prior year and $0.68 pro forma.
- Full-year GAAP EPS guidance updated to $2.01-$2.21; operating EPS reaffirmed at $2.30-$2.50, expected in upper half.
- Special items include $0.16 regulatory charges, $0.03 investigation costs; year-to-date debt-related costs $0.22.
- Transmission investments driven by 'Energizing the Future' program; distribution deliveries flat YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031296/000103129622000067/0001031296-22-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031296/000103129622000067/fe-20221025.htm
  HTML page:      https://secwatch.observer/filing/0001031296-22-000067

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