The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict FirstEnergy's revenues will wither -14.2% and EPS will shrink -10.0%.
The average estimate for revenue is $3.35 billion. On the bottom line, the average EPS estimate is $0.54.
Last quarter, FirstEnergy logged revenue of $3.70 billion. GAAP reported sales were 6.6% lower than the prior-year quarter's $3.87 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at $0.76. GAAP EPS of $0.47 for Q1 were 36% lower than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 58.0%, 330 basis points better than the prior-year quarter. Operating margin was 18.1%, 140 basis points worse than the prior-year quarter. Net margin was 5.4%, 250 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $15.75 billion. The average EPS estimate is $3.00.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 358 members out of 382 rating the stock outperform, and 24 members rating it underperform. Among 79 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give FirstEnergy a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FirstEnergy is hold, with an average price target of $42.23.
Can your portfolio provide you with enough income to last through retirement? You'll need more than FirstEnergy. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add FirstEnergy to My Watchlist.