earnings
confidence high
sentiment positive
materiality 0.75
FirstEnergy reports 2024 Core EPS $2.37 (+8% YoY); expands Energize365 to $28B through 2029
FIRSTENERGY CORP
2024-FY EPS reported
$1.70
revenue$13,472,000,000
- Full year 2024 GAAP EPS $1.70, Operating EPS $2.63 (guidance range), Core EPS $2.37 (up 8% from $2.20 in 2023).
- Revenue $13.5B vs $12.9B in 2023; Q4 GAAP EPS $0.45, Core EPS $0.61.
- Capital investments $4.5B in 2024 (+20% YoY); plans $5.0B in 2025.
- Energize365 extended through 2029 with $28B (8% increase from prior plan); targets 9% rate base growth.
- 2025 Core EPS guidance $2.40-$2.60; targets 6-8% compound annual Core earnings growth through planning period.