More on FirstEnergy (FE +0.7%) Q1: Net profit surges sixfold to $306M, due to acquisition...

|About: FirstEnergy Corp (FE)|By:, SA News Editor

More 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.