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FirstEnergy Corp. Q2 adjusted earnings Beat Estimates

FirstEnergy Corp. (FE) released a profit for its second quarter that rose from last year.

The company's profit totaled $308 million, or $0.58 per share. This compares with $134 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.8% to $2.5 billion from $2.6 billion last year.

FirstEnergy Corp. earnings at a glance:

-Earnings (Q2): . vs. . last year.
-EPS (Q2): $0.61 vs. $0.62 last year.
-Analysts Estimate: $0.60
-Revenue (Q2): $2.5 Bln vs. $2.6 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.68 - $0.80
Full year EPS guidance: $2.45 - $2.75

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