Pulled from Benzinga Pro data, FirstEnergy (NYSE:FE) posted Q2 earnings of $192.00 million, an increase from Q1 of 33.33%. Sales dropped to $2.82 billion, a 5.72% decrease between quarters.
FirstEnergy (NYSE:FE) is set to give its latest quarterly earnings report on Tuesday, 2022-07-26. Here's what investors need to know before the announcement.
Analysts estimate that FirstEnergy will report an earnings per share (EPS) of $0.53.
If history is any guide, there may be trouble ahead for shares of FirstEnergy (NYSE:FE). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.