secwatch.observer — SEC 8-K summary
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Issuer:     FIRSTENERGY CORP (FE)
CIK:        0001031296
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001031296-24-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FirstEnergy Q2 operating EPS $0.56, above guidance; reaffirms FY24 outlook
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- Operating EPS $0.56, up 19% YoY and above midpoint of $0.46-$0.56 guidance.
- GAAP EPS $0.08 vs $0.41 YoY; included $0.28 asset retirement obligation charge.
- Revenue $3.3B vs $3.0B YoY; weather-adjusted distribution deliveries up 3%.
- Affirms FY24 operating EPS guidance $2.61-$2.81 and 6-8% long-term growth target.
- Final $1.2B from FET transaction deployed; progressing SEC and Ohio AG settlements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031296/000103129624000041/0001031296-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031296/000103129624000041/fe-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001031296-24-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer