FirstEnergy Corp
FE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$97.00 | Yzqkxkd | Rqjxlzx |
FirstEnergy Earnings: Warm Weather Presents Headwinds
We are reaffirming our $40 fair value estimate for FirstEnergy after the company reported first-quarter earnings per share of $0.60, flat with the year-ago period. Management reaffirmed its 2023 operating EPS guidance of $2.44-$2.64, in line with our expectations. Our narrow moat and stable moat trend ratings are unchanged.