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Earnings Call Summary | FirstEnergy(FE.US) Q1 2024 Earnings Conference

Earnings Call Summary | FirstEnergy(FE.US) Q1 2024 Earnings Conference

業績電話會議摘要 | FirstEnergy (FE.US) 2024 年第一季度業績會議
moomoo AI ·  04/26 19:53  · 電話會議

The following is a summary of the FirstEnergy Corp. (FE) Q1 2024 Earnings Call Transcript:

以下是FirstEnergy Corp.(FE)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • FirstEnergy reported Q1 2024 GAAP earnings of $0.44 per share, down from $0.51 per share in 2023.

  • Operating earnings were $0.55 per share, $0.02 higher than the midpoint of guidance for the quarter compared to $0.60 per share last year.

  • The company reaffirms its operating earnings guidance range of $2.61 to $2.81 per share for 2024.

  • The company announced a 6.25% increase to the dividend, to $0.425 per share payable in June.

  • FirstEnergy closed on the final phase of its multiyear $7 billion equity raise to improve the balance sheet.

  • Moody's upgraded FirstEnergy Corp.'s senior unsecured rating to investment grade and S&P upgraded the credit to BBB.

  • The expected total annual contribution from the Signal Peak mine is $0.12, contributing $0.03 to earnings in Q1 2024.

  • FirstEnergy報告稱,2024年第一季度GAAP每股收益爲0.44美元,低於2023年的每股0.51美元。

  • 每股營業收益爲0.55美元,比本季度預期中點高出0.02美元,而去年爲每股0.60美元。

  • 該公司重申了其2024年每股2.61美元至2.81美元的營業收益指導區間。

  • 該公司宣佈將股息增加6.25%,至6月份支付的每股0.425美元。

  • 爲改善資產負債表,FirstEnergy完成了爲期多年的70億美元股權籌集的最後階段。

  • 穆迪升級了FirstEnergy Corp. '的高級無抵押評級爲投資等級,標準普爾將信貸評級上調至BBB。

  • Signal Peak礦的預計年度總貢獻爲0.12美元,爲2024年第一季度的收益貢獻0.03美元。

Business Progress:

業務進展:

  • Senior VP of Shared Services, John Combs, was introduced along with Toby Thomas, and Wade Smith, who have already begun making impactful changes.

  • The Energize 365 investment program is underway with clean energy initiatives underway in West Virginia and energy efficiency investments in New Jersey.

  • FirstEnergy plans to keep future rate hikes in Ohio low, potentially impacting customer rates less than 5%.

  • The company is anticipating more opportunities from increasing demands from data centers.

  • FirstEnergy is working on resolving the Deferred Prosecution Agreement by July 2024.

  • FirstEnergy is piloting new technologies, with no expectation of industry disruption impending.

  • The company is focusing on resource adequacy, maintaining sufficient resources for expected load growth and potential coal unit retirements.

  • 介紹了共享服務高級副總裁約翰·科姆斯以及託比·托馬斯和韋德·史密斯,他們已經開始做出有影響力的改變。

  • Energize 365投資計劃正在進行中,西弗吉尼亞州正在進行清潔能源計劃,新澤西州正在進行能源效率投資。

  • FirstEnergy計劃將俄亥俄州未來的加息幅度保持在較低水平,這可能對客戶利率的影響低於5%。

  • 該公司預計,數據中心不斷增長的需求將帶來更多機會。

  • FirstEnergy正在努力在2024年7月之前解決延期起訴協議。

  • FirstEnergy正在試行新技術,預計不會出現行業混亂。

  • 該公司專注於資源充足性,爲預期的負荷增長和潛在的煤炭單位退休維持足夠的資源。

More details: FirstEnergy IR

更多詳情: 第一能源紅外線

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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