The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict FirstEnergy's revenues will compress -12.7% and EPS will expand 1.6%.
The average estimate for revenue is $3.58 billion. On the bottom line, the average EPS estimate is $0.65.
Last quarter, FirstEnergy chalked up revenue of $4.10 billion. GAAP reported sales were 14% higher than the prior-year quarter's $3.46 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.82. GAAP EPS of $0.73 for Q1 were 387% higher than the prior-year quarter's $0.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 53.4%, 120 basis points better than the prior-year quarter. Operating margin was 18.9%, 880 basis points better than the prior-year quarter. Net margin was 7.7%, 620 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $16.50 billion. The average EPS estimate is $3.41.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 370 members out of 391 rating the stock outperform, and 21 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 84 give FirstEnergy a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FirstEnergy is outperform, with an average price target of $47.10.
Can your retirement portfolio provide you with enough income to last? You'll need more than FirstEnergy. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Get instant access to this free report.
- Add FirstEnergy to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.