FirstEnergy Q1 2025: Revenue $3.11B, Net Income $311M
Ticker: FE · Form: 10-Q · Filed: Apr 30, 2025 · CIK: 1031296
Sentiment: neutral
Topics: earnings, financials, utility
TL;DR
FirstEnergy Q1: $3.11B revenue, $311M profit. Grid upgrades and clean energy focus.
AI Summary
FirstEnergy Corp. reported its first quarter 2025 results, with total operating revenues of $3.11 billion and net income of $311 million. The company's earnings per share were $0.31. FirstEnergy also highlighted its ongoing investments in grid modernization and clean energy initiatives.
Why It Matters
This filing provides insight into FirstEnergy's financial performance and strategic direction, impacting investors and customers by outlining the company's ability to fund infrastructure improvements and navigate the energy transition.
Risk Assessment
Risk Level: medium — The company operates in a regulated industry with significant capital expenditure requirements and exposure to environmental regulations.
Key Numbers
- $3.11B — Total Operating Revenues (First quarter 2025 revenue)
- $311M — Net Income (First quarter 2025 net income)
- $0.31 — Earnings Per Share (First quarter 2025 EPS)
Key Players & Entities
- FIRSTENERGY CORP (company) — Filer
- JERSEY CENTRAL POWER & LIGHT CO (company) — Subsidiary
- 341 WHITE POND DRIVE (location) — Business Address
- AKRON (location) — City
- OH (location) — State
- NJ (location) — State of Incorporation for Jersey Central Power & Light Co.
FAQ
What were FirstEnergy Corp.'s total operating revenues for the first quarter of 2025?
FirstEnergy Corp.'s total operating revenues for the first quarter of 2025 were $3.11 billion.
What was the net income reported by FirstEnergy Corp. for the first quarter of 2025?
FirstEnergy Corp. reported a net income of $311 million for the first quarter of 2025.
What is the reported earnings per share for FirstEnergy Corp. in Q1 2025?
The reported earnings per share for FirstEnergy Corp. in Q1 2025 is $0.31.
Where is FirstEnergy Corp. headquartered?
FirstEnergy Corp. is headquartered at 341 White Pond Drive, Akron, OH.
Which subsidiary of FirstEnergy Corp. is also listed in this filing?
Jersey Central Power & Light Co. is also listed as a filer in this 10-Q filing.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 30, 2025 regarding FIRSTENERGY CORP (FE).