NYSE$FE
FirstEnergy Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported GAAP earnings of $0.58 per share and operating (non-GAAP) earnings of $0.79 per share, at top end of guidance range.
FirstEnergy Corp. reported third quarter 2022 GAAP earnings of $334 million, or $0.58 per basic and diluted share, on revenue of $3.5 billion. Operating (non-GAAP) earnings were $0.79 per share for the third quarter of 2022, at the top end of the company’s guidance range.
- Third quarter 2022 GAAP earnings of $0.58 per share.
- Operating (non-GAAP) earnings of $0.79 per share, at top end of guidance range.
- Total distribution deliveries were flat compared to the third quarter of 2021.
- Full-year 2022 operating (non-GAAP) earnings guidance range of $2.30 to $2.50 per share is affirmed.
Headline financials
Revenue & EPS history
FirstEnergy · Revenue · Quarterly
$3.48B
Revenue by segment
FirstEnergy · $2.7B total across 1 segment · Q4 2021
- Distribution$2.7B—100.0%
Forward guidance
FirstEnergy updated its full-year GAAP earnings forecast range to $1,145 million to $1,260 million, or $2.01 to $2.21 per share based on 571 million shares outstanding. It also affirmed its full-year 2022 operating (non-GAAP) earnings guidance range of $1,315 million to $1,430 million, or $2.30 to $2.50 per share based on 571 million shares outstanding and expects results in the upper half of that range, assuming normal weather.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.0%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.1%
Avg return
30 days after
53%
39 / 73 earnings
Positive
+8.8%
Q2 2020
Best reaction
-10.5%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.5% | -5.6% | -6.4% | |
| Q4 2025 | +1.6% | +5.1% | +7.3% | |
| Q3 2025 | -1.6% | -2.4% | -0.8% | |
| Q1 2025 | -0.7% | +1.2% | -1.1% | |
| Q4 2024 | -10.5% | -8.8% | -6.9% | |
| Q3 2024 | -3.5% | -4.5% | -2.4% | |
| Q2 2024 | +0.9% | +2.8% | +5.0% | |
| Q1 2024 | -0.4% | +0.1% | +1.7% | |
| Q4 2023 | +4.1% | +3.1% | +6.3% | |
| Q3 2023 | -1.8% | -0.4% | +5.3% | |
| Q2 2023 | -2.0% | -7.8% | -8.4% | |
| Q1 2023 | -2.2% | -4.7% | -9.8% | |
| Q4 2022 | +0.7% | +2.8% | -0.5% | |
| Q3 2022 | -1.4% | +3.3% | +7.1% | |
| Q2 2022 | +1.8% | +6.4% | +6.0% | |
| Q1 2022 | -5.1% | -7.2% | -12.6% | |
| Q4 2021 | -1.5% | -4.2% | +4.2% | |
| Q3 2021 | +2.5% | +4.5% | +0.9% | |
| Q2 2021 | +2.5% | +3.5% | +4.1% | |
| Q1 2021 | -0.2% | +0.2% | +3.3% | |
| Q4 2020 | +6.5% | +8.9% | +10.9% | |
| Q3 2020 | +1.3% | -2.2% | -8.1% | |
| Q2 2020 | +8.8% | +7.6% | +3.8% | |
| Q1 2020 | -4.3% | -3.6% | -8.1% | |
| Q4 2019 | +0.2% | +0.4% | -9.3% | |
| Q3 2019 | -2.2% | -3.7% | -0.4% | |
| Q2 2019 | +0.0% | +1.1% | +4.8% | |
| Q1 2019 | +0.7% | +2.2% | +6.3% | |
| Q4 2018 | +0.0% | +2.9% | +4.2% | |
| Q3 2018 | -5.2% | -3.8% | -3.1% | |
| Q2 2018 | +4.5% | +4.7% | +7.1% | |
| Q1 2018 | -0.4% | -0.4% | -1.7% | |
| Q4 2017 | -0.8% | +2.3% | +4.3% | |
| Q3 2017 | +1.4% | +3.5% | +6.6% | |
| Q2 2017 | +3.4% | +2.7% | +5.1% | |
| Q1 2017 | -1.9% | -4.9% | -5.2% | |
| Q4 2016 | -0.7% | +4.2% | +0.6% | |
| Q3 2016 | +3.4% | +0.6% | -8.2% | |
| Q2 2016 | -0.8% | -5.4% | -8.2% | |
| Q1 2016 | +4.6% | — | — | |
| Q4 2015 | -1.9% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | +4.1% | — | — | |
| Q1 2015 | +2.1% | — | — | |
| Q4 2014 | -3.0% | — | — | |
| Q3 2014 | -0.9% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | +1.4% | — | — | |
| Q4 2013 | -2.1% | — | — | |
| Q3 2013 | -0.0% | — | — | |
| Q2 2013 | +3.2% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | -4.0% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | -7.0% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -2.4% | — | — | |
| Q3 2010 | -2.3% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2010 | -5.6% | — | — | |
| Q4 2007 | +2.4% | — | — | |
| Q4 2009 | +2.4% | — | — | |
| Q3 2008 | +2.0% | — | — | |
| Q3 2009 | +2.0% | — | — | |
| Q2 2009 | +0.7% | — | — | |
| Q2 2008 | +0.7% | — | — | |
| Q1 2009 | +2.4% | — | — | |
| Q1 2008 | +2.4% | — | — | |
| Q4 2008 | +2.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro