FirstEnergy Reports Flat Earnings; Any Change to FES Settlement Not Material to FVE
We are reaffirming our $41 per share fair value estimate after FirstEnergy reported solid 2019 first-quarter operating earnings and reaffirmed its 6%-8% annual earnings growth outlook through 2021. The utility also reaffirmed its 2019 earnings guidance of $2.45 to $2.75 per share, and our $2.60 estimate at the midpoint of guidance is unchanged.FirstEnergy reported operating earnings of $0.67 per share for the first quarter, flat with the same period last year. Total weather-adjusted distributio...
FirstEnergy is a public utility holding company. The company and its subsidiaries are principally involved in the transmission, distribution and generation of electricity. The company's reportable operating segments are comprised of: Regulated Distribution, which distributes electricity through the company's utility operating companies and also controls regulated electric generation capacity located primarily in West Virginia, Virginia and New Jersey; and Regulated Transmission, which provides transmission infrastructure owned and operated by the transmission companies and certain of the company's utilities to transmit electricity from generation sources to distribution facilities.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.