FirstEnergy said it reported GAAP earnings of $360 million ($0.62 per share) for Q1 2025, and Core Earnings (non-GAAP) of $0.67 per share. For Q1 2024, GAAP earnings were $253 million ($0.44 per share), and Core Earnings were $0.49 per share.

1. 01

   FirstEnergy said it reported GAAP earnings of $360 million ($0.62 per share) for Q1 2025, and Core Earnings (non-GAAP) of $0.67 per share. For Q1 2024, GAAP earnings were $253 million ($0.44 per share), and Core Earnings were $0.49 per share.

2. 02

   The company said revenue for Q1 2025 was $3.8 billion, up from $3.3 billion in Q1 2024. Total distribution deliveries rose more than 4% from Q1 2024, when heating degree days were 15% below normal, and residential sales increased 10%.

3. 03

   The company said it reaffirmed its 2025 full-year Core Earnings guidance of $2.40 to $2.60 per share, based on 578 million shares outstanding. It also said it reaffirmed its 6-8% targeted compound annual Core Earnings growth rate for 2025 through 2029.

4. 04

   The company said it invested $1 billion or more in customer-focused capital in Q1, as part of its $5 billion investment plan for 2025. The investment is part of the 5-year, $28 billion Energize365 program through 2029.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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