Shares of FirstEnergy (NYSE:FE) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 3.51% over the past year to $0.59, which were in line with the estimate of $0.59.
Revenue of $2,600,000,000 rose by 3.09% year over year, which missed the estimate of $2,640,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
FirstEnergy hasn't issued any revenue guidance for the time being.
Price Action
Company's 52-week high was at $41.65
Company's 52-week low was at $22.85
Price action over last quarter: Up 6.27%
Company Profile
FirstEnergy is one of the largest investor-owned utilities in the United States with 10 distribution utilities serving 6 million customers in six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest transmission systems with more than 24,500 miles of lines.
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