FirstEnergy Q1 GAAP earnings $315 millionChristian Fernsby ▼ | April 24, 2019
FirstEnergy eported first quarter 2019 GAAP earnings of $315 million or $0.59 per basic and diluted share, on revenues of $2.9 billion.
FirstEnergy In the first quarter of 2018, the company recorded GAAP earnings of $1.2 billion
GAAP earnings for the first quarter of 2018 included a gain on the deconsolidation of FirstEnergy Solutions Corp., its subsidiaries, and FirstEnergy Nuclear Operating Company as a result of their bankruptcy filing on March 31, 2018.
Operating (non-GAAP) earnings were $0.67 per share in both the first quarter of 2019 and 2018. ■