FE Q2 2019 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.5B-7.0% YoY

Gross Profit

$1.8B70.6% margin

Operating Income

$585M23.3% margin

Net Income

$312M12.4% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-12.7%

Cash Flow

Operating Cash Flow

$807M

Free Cash Flow

$133M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$40.9B

Total Liabilities

$33.6B

Stockholders' Equity

$7.3B

Cash & Equivalents

$422M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.7B	-7.0%
Gross Profit	$1.8B	$1.8B	-1.3%
Operating Income	$585M	$700M	-16.4%
Net Income	$312M	$299M	+4.3%

Revenue Segments

Regulated Distribution

$2.2B85%

Regulated Transmission

$372M15%