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More on FirstEnergy (FE +0.7%) Q1: Net profit surges sixfold to $306M, due to acquisition...
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Tuesday, May 1, 2012, 10:50 AM ETMore on FirstEnergy (FE +0.7%) Q1: Net profit surges sixfold to $306M, due to acquisition charges on last year's results. Revs +14% to $4.1B but below consensus of $4.35B. Deliveries, excluding the acquired Allegheny Energy, -4%, usage by industrial customers flat, residential sales -8%, commercial deliveries -2%. Company affirms FY guidance.
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