FirstEnergy Shares Soar 12.23% Ahead of Earnings Report

FirstEnergy (FE) shares surged 12.23% in pre-market trading on April 17, 2025, driven by anticipation of its upcoming earnings report.

Analysts are optimistic about FirstEnergy's earnings growth, with expectations of a year-over-year increase in earnings and revenues for the quarter ending March 2025. The company is projected to report earnings of $0.59 per share, a 7.3% increase from the previous year, and revenues of $3.64 billion, up 10.8% from the year-ago quarter. The consensus EPS estimate has been revised slightly higher over the last 30 days, indicating a positive outlook among analysts.

FirstEnergy is scheduled to release its earnings report on April 23, 2025. The actual results compared to these estimates will significantly influence the stock's near-term price movement. A positive earnings surprise, combined with a strong Zacks Rank, could drive the stock higher, while a miss could lead to a decline.

FirstEnergy's dividend policy also plays a role in investor sentiment. The company has an annual dividend of $1.78 per share, with a yield of 4.34%, paid every three months. The next ex-dividend date is May 7, 2025, which may attract income-focused investors.

Additionally, FirstEnergy's subsidiary, JCP&L, recently launched a $700 million senior notes exchange offer with a 5.100% yield maturing in 2035. This debt restructuring initiative could impact the company's financial flexibility and investor perception of its long-term stability.