FirstEnergy Corp. (FE) revealed a profit for its third quarter that rose from the same period last year.
The company's earnings totaled $454 million, or $0.84 per share. This compares with $391 million, or $0.72 per share, in last year's third quarter.
Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue held steady at $3 billion
FirstEnergy Corp. earnings at a glance:
-EPS (Q3): $0.84 vs. $0.76 last year.
-Analysts Estimate: $0.79
-Revenue (Q3): $3 Bln vs. $3 Bln last year.
-Guidance:
Full year EPS guidance: $2.40 - $2.60
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