Subtext

FirstEnergy Corp. FE

SectorUtilities
Transcripts75
Date range2006-02-18 – 2025-04-24
Calls charted74

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-15-7+0+7+152005 Q42008 Q32011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · Overall: -4.22006 Q1 · Overall: -0.92006 Q2 · Overall: +2.72006 Q3 · Overall: -0.32006 Q4 · Overall: +3.92007 Q2 · Overall: -1.02007 Q3 · Overall: +0.82007 Q4 · Overall: +6.42008 Q1 · Overall: +0.52008 Q2 · Overall: +0.32008 Q3 · Overall: +3.32008 Q4 · Overall: -1.92009 Q1 · Overall: -4.72009 Q2 · Overall: -3.52009 Q3 · Overall: -0.22010 Q1 · Overall: -0.22010 Q4 · Overall: +3.22011 Q1 · Overall: +6.82011 Q2 · Overall: +6.22011 Q3 · Overall: +1.52011 Q4 · Overall: +6.42012 Q1 · Overall: +3.02012 Q2 · Overall: +1.72012 Q3 · Overall: -0.52012 Q4 · Overall: +4.12013 Q1 · Overall: +5.12013 Q2 · Overall: +4.52013 Q3 · Overall: +5.02013 Q4 · Overall: -1.12014 Q1 · Overall: -2.42014 Q2 · Overall: +3.82014 Q3 · Overall: +6.62014 Q4 · Overall: +4.72015 Q1 · Overall: +3.32015 Q2 · Overall: +4.22015 Q3 · Overall: +3.62015 Q4 · Overall: +2.62016 Q1 · Overall: +2.32016 Q2 · Overall: -5.02016 Q3 · Overall: -0.42016 Q4 · Overall: -1.62017 Q1 · Overall: -8.42017 Q2 · Overall: -4.92017 Q3 · Overall: -3.62017 Q4 · Overall: +2.72018 Q1 · Overall: -1.42018 Q2 · Overall: +5.02018 Q3 · Overall: +4.42018 Q4 · Overall: +5.72019 Q1 · Overall: +0.92019 Q2 · Overall: +0.62019 Q3 · Overall: -0.32019 Q4 · Overall: +4.22020 Q1 · Overall: -3.92020 Q2 · Overall: -7.62020 Q3 · Overall: -0.52020 Q4 · Overall: +6.72021 Q1 · Overall: +4.72021 Q2 · Overall: +10.22021 Q3 · Overall: +12.12021 Q4 · Overall: +12.92022 Q1 · Overall: +7.92022 Q2 · Overall: +6.72022 Q3 · Overall: +11.92022 Q4 · Overall: +7.22023 Q1 · Overall: +5.12023 Q2 · Overall: +6.62023 Q3 · Overall: +8.42023 Q4 · Overall: +11.22024 Q1 · Overall: -0.82024 Q2 · Overall: +9.52024 Q3 · Overall: +4.32024 Q4 · Overall: +10.12025 Q1 · Overall: +8.0
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-54-27+0+27+542005 Q42008 Q32011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · CEO: +16.02006 Q1 · CEO: +1.42006 Q2 · CEO: +5.42006 Q3 · CEO: +0.02006 Q4 · CEO: +27.12007 Q2 · CEO: +15.02007 Q3 · CEO: +6.82007 Q4 · CEO: +13.52008 Q1 · CEO: +10.32008 Q2 · CEO: +6.72008 Q3 · CEO: +2.92008 Q4 · CEO: +10.32009 Q1 · CEO: -2.82009 Q2 · CEO: +3.72009 Q3 · CEO: +6.92010 Q1 · CEO: +4.32010 Q4 · CEO: +7.02011 Q1 · CEO: +16.92011 Q2 · CEO: +12.12011 Q3 · CEO: +4.42011 Q4 · CEO: +17.32012 Q1 · CEO: +5.72012 Q2 · CEO: +4.22012 Q3 · CEO: -1.82012 Q4 · CEO: +13.92013 Q1 · CEO: +13.42013 Q2 · CEO: +10.22013 Q3 · CEO: +12.92013 Q4 · CEO: +5.12014 Q1 · CEO: -3.52014 Q2 · CEO: +3.92014 Q3 · CEO: +7.72014 Q4 · CEO: +8.02015 Q1 · CEO: +9.22015 Q2 · CEO: +8.92015 Q3 · CEO: +11.02016 Q3 · CEO: +2.02016 Q4 · CEO: +5.12017 Q1 · CEO: -6.12017 Q2 · CEO: -3.92017 Q3 · CEO: +0.02017 Q4 · CEO: +5.32018 Q1 · CEO: -3.72018 Q2 · CEO: +4.02018 Q3 · CEO: +7.32018 Q4 · CEO: +8.92019 Q2 · CEO: +3.62019 Q3 · CEO: +2.62019 Q4 · CEO: +10.42020 Q1 · CEO: +1.02020 Q2 · CEO: -5.72021 Q1 · CEO: +15.92021 Q2 · CEO: +23.12021 Q3 · CEO: +21.72021 Q4 · CEO: +16.72022 Q1 · CEO: +18.32022 Q2 · CEO: +20.12022 Q3 · CEO: +46.72022 Q4 · CEO: +22.02023 Q1 · CEO: +22.82023 Q2 · CEO: +12.52023 Q3 · CEO: +11.82023 Q4 · CEO: +17.42024 Q1 · CEO: +4.62024 Q2 · CEO: +13.72024 Q3 · CEO: +4.72025 Q1 · CEO: +8.82005 Q4 · CFO: +6.02006 Q1 · CFO: -1.02006 Q2 · CFO: +9.32006 Q3 · CFO: +4.52006 Q4 · CFO: +0.02007 Q2 · CFO: +0.92007 Q3 · CFO: +2.82007 Q4 · CFO: +5.62008 Q1 · CFO: +2.02008 Q2 · CFO: +2.32008 Q3 · CFO: +2.32008 Q4 · CFO: -2.52009 Q1 · CFO: -2.42009 Q2 · CFO: -7.02009 Q3 · CFO: +1.42010 Q1 · CFO: +1.42010 Q4 · CFO: +6.52011 Q1 · CFO: +10.42011 Q2 · CFO: +8.72011 Q3 · CFO: +8.12011 Q4 · CFO: +11.42012 Q1 · CFO: +5.52012 Q2 · CFO: +3.22012 Q3 · CFO: +5.72012 Q4 · CFO: +6.12013 Q1 · CFO: +6.32013 Q2 · CFO: +7.92013 Q3 · CFO: +5.62013 Q4 · CFO: +2.22014 Q1 · CFO: +1.82014 Q2 · CFO: +7.42014 Q3 · CFO: +9.12014 Q4 · CFO: +4.32015 Q1 · CFO: +8.62015 Q2 · CFO: +8.22015 Q3 · CFO: +5.62016 Q3 · CFO: +11.52016 Q4 · CFO: +2.82017 Q1 · CFO: +10.02017 Q2 · CFO: +4.22017 Q3 · CFO: +13.02017 Q4 · CFO: +6.22018 Q1 · CFO: +1.82018 Q2 · CFO: +9.92018 Q3 · CFO: +10.82018 Q4 · CFO: +18.22019 Q2 · CFO: +10.92019 Q3 · CFO: +3.02019 Q4 · CFO: -1.62020 Q1 · CFO: +1.82020 Q2 · CFO: +0.82020 Q3 · CFO: +6.32020 Q4 · CFO: +17.92021 Q1 · CFO: +4.12021 Q2 · CFO: +10.62021 Q3 · CFO: +7.82021 Q4 · CFO: +19.02022 Q1 · CFO: +5.72022 Q2 · CFO: +8.02022 Q3 · CFO: +10.02022 Q4 · CFO: +12.02023 Q1 · CFO: +3.72023 Q2 · CFO: +10.12023 Q3 · CFO: +8.72023 Q4 · CFO: +8.32024 Q1 · CFO: +5.92024 Q2 · CFO: +6.02024 Q3 · CFO: +14.12024 Q4 · CFO: +12.42025 Q1 · CFO: +13.6
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-46-23+0+23+462005 Q42008 Q32011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22005 Q4 · Prepared remarks: +9.42006 Q1 · Prepared remarks: +3.12006 Q2 · Prepared remarks: +5.42006 Q3 · Prepared remarks: +10.42006 Q4 · Prepared remarks: +7.82007 Q2 · Prepared remarks: +10.52007 Q3 · Prepared remarks: +1.02007 Q4 · Prepared remarks: +5.22008 Q1 · Prepared remarks: +2.02008 Q2 · Prepared remarks: +5.02008 Q3 · Prepared remarks: +4.82008 Q4 · Prepared remarks: +4.42009 Q1 · Prepared remarks: -1.92009 Q2 · Prepared remarks: +3.52009 Q3 · Prepared remarks: +4.52010 Q1 · Prepared remarks: +1.52010 Q4 · Prepared remarks: +8.72011 Q1 · Prepared remarks: +7.42011 Q2 · Prepared remarks: +10.72011 Q3 · Prepared remarks: +5.62011 Q4 · Prepared remarks: +7.42012 Q1 · Prepared remarks: +3.22012 Q2 · Prepared remarks: +0.32012 Q3 · Prepared remarks: +2.42012 Q4 · Prepared remarks: +7.52013 Q1 · Prepared remarks: +11.92013 Q2 · Prepared remarks: +9.52013 Q3 · Prepared remarks: +9.02013 Q4 · Prepared remarks: +8.72014 Q1 · Prepared remarks: -1.82014 Q2 · Prepared remarks: +6.92014 Q3 · Prepared remarks: +8.82014 Q4 · Prepared remarks: +9.02015 Q1 · Prepared remarks: +9.02015 Q2 · Prepared remarks: +13.32015 Q3 · Prepared remarks: +13.72015 Q4 · Prepared remarks: +11.32016 Q1 · Prepared remarks: +9.42016 Q2 · Prepared remarks: -1.92016 Q3 · Prepared remarks: +6.62016 Q4 · Prepared remarks: +8.82017 Q1 · Prepared remarks: +8.32017 Q2 · Prepared remarks: +7.82017 Q3 · Prepared remarks: +5.72017 Q4 · Prepared remarks: +9.12018 Q1 · Prepared remarks: -1.92018 Q2 · Prepared remarks: +8.42018 Q3 · Prepared remarks: +13.52018 Q4 · Prepared remarks: +16.82019 Q2 · Prepared remarks: +5.12019 Q3 · Prepared remarks: +5.02019 Q4 · Prepared remarks: +10.82020 Q1 · Prepared remarks: +4.32020 Q2 · Prepared remarks: -0.72020 Q3 · Prepared remarks: +1.32020 Q4 · Prepared remarks: +11.02021 Q1 · Prepared remarks: +13.22021 Q2 · Prepared remarks: +14.12021 Q3 · Prepared remarks: +16.82021 Q4 · Prepared remarks: +22.32022 Q1 · Prepared remarks: +16.82022 Q2 · Prepared remarks: +20.12022 Q3 · Prepared remarks: +22.62022 Q4 · Prepared remarks: +21.82023 Q1 · Prepared remarks: +12.42023 Q2 · Prepared remarks: +17.62023 Q3 · Prepared remarks: +12.52023 Q4 · Prepared remarks: +16.12024 Q1 · Prepared remarks: +39.72024 Q2 · Prepared remarks: +14.02024 Q3 · Prepared remarks: +13.52024 Q4 · Prepared remarks: +17.02025 Q1 · Prepared remarks: +19.22005 Q4 · Q&A responses: -8.42006 Q1 · Q&A responses: -0.92006 Q2 · Q&A responses: +9.52006 Q3 · Q&A responses: +1.42006 Q4 · Q&A responses: +1.32007 Q2 · Q&A responses: -1.92007 Q3 · Q&A responses: +2.92007 Q4 · Q&A responses: +14.12008 Q1 · Q&A responses: +2.02008 Q2 · Q&A responses: +0.52008 Q3 · Q&A responses: +2.52008 Q4 · Q&A responses: -4.92009 Q1 · Q&A responses: -4.72009 Q2 · Q&A responses: -6.62009 Q3 · Q&A responses: -0.42010 Q1 · Q&A responses: +1.92010 Q4 · Q&A responses: +2.52011 Q2 · Q&A responses: +7.62011 Q3 · Q&A responses: +4.02012 Q1 · Q&A responses: +8.62012 Q2 · Q&A responses: +7.12012 Q3 · Q&A responses: +0.02012 Q4 · Q&A responses: -0.52013 Q1 · Q&A responses: +2.12013 Q2 · Q&A responses: +2.62013 Q3 · Q&A responses: +3.32013 Q4 · Q&A responses: -4.82014 Q1 · Q&A responses: -1.22014 Q2 · Q&A responses: +3.62014 Q3 · Q&A responses: +9.22014 Q4 · Q&A responses: +4.32015 Q1 · Q&A responses: +5.32015 Q2 · Q&A responses: +5.62015 Q3 · Q&A responses: +3.22015 Q4 · Q&A responses: +0.02016 Q1 · Q&A responses: +3.52016 Q2 · Q&A responses: +0.62016 Q3 · Q&A responses: +2.12016 Q4 · Q&A responses: -1.22017 Q1 · Q&A responses: -9.52017 Q2 · Q&A responses: -8.62017 Q3 · Q&A responses: -1.92017 Q4 · Q&A responses: +1.82018 Q1 · Q&A responses: +2.52018 Q2 · Q&A responses: +1.62018 Q3 · Q&A responses: +3.52018 Q4 · Q&A responses: +4.92019 Q2 · Q&A responses: +3.52019 Q3 · Q&A responses: +1.82019 Q4 · Q&A responses: +4.12020 Q1 · Q&A responses: -4.42020 Q2 · Q&A responses: -4.82020 Q3 · Q&A responses: +3.92020 Q4 · Q&A responses: +13.22021 Q1 · Q&A responses: +3.42021 Q2 · Q&A responses: +19.22021 Q3 · Q&A responses: +14.92021 Q4 · Q&A responses: +3.22022 Q1 · Q&A responses: +7.12022 Q2 · Q&A responses: +0.72022 Q3 · Q&A responses: +9.22022 Q4 · Q&A responses: +3.82023 Q1 · Q&A responses: +8.32023 Q2 · Q&A responses: +4.82023 Q3 · Q&A responses: +7.72023 Q4 · Q&A responses: +12.32024 Q1 · Q&A responses: +3.22024 Q2 · Q&A responses: +6.62024 Q3 · Q&A responses: +1.82024 Q4 · Q&A responses: +4.72025 Q1 · Q&A responses: +4.5
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.38$2.66$2.952005 Q42008 Q32011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: $2.692014 Q2: $2.732014 Q3: $2.832014 Q4: $2.912015 Q1: $2.642015 Q2: $2.632015 Q3: $2.722015 Q4: $2.842016 Q1: $2.822016 Q2: $2.602016 Q3: $2.522016 Q4: $2.642017 Q1: $2.692017 Q2: $2.662017 Q3: $2.602017 Q4: $2.522018 Q1: $2.422018 Q2: $2.442018 Q3: $2.482018 Q4: $2.542019 Q1: $2.552019 Q2: $2.522019 Q3: $2.482019 Q4: $2.492020 Q1: $2.542020 Q2: $2.562020 Q3: $2.602020 Q4: $2.622021 Q1: $2.562021 Q2: $2.562021 Q3: $2.582021 Q4: $2.512022 Q1: $2.462022 Q2: $2.482022 Q3: $2.502022 Q4: $2.492023 Q1: $2.562023 Q2: $2.602023 Q3: $2.652023 Q4: $2.662024 Q1: $2.752024 Q2: $2.772024 Q3: $2.84

Forward P/E

10.4515.3020.162005 Q42008 Q32011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: 11.802014 Q2: 12.812014 Q3: 12.242014 Q4: 13.082015 Q1: 13.682015 Q2: 12.692015 Q3: 11.622015 Q4: 11.142016 Q1: 12.742016 Q2: 12.942016 Q3: 12.942016 Q4: 11.852017 Q1: 11.732017 Q2: 11.122017 Q3: 12.112017 Q4: 12.812018 Q1: 13.822018 Q2: 13.782018 Q3: 14.812018 Q4: 14.712019 Q1: 16.342019 Q2: 17.242019 Q3: 19.402019 Q4: 19.492020 Q1: 14.632020 Q2: 15.752020 Q3: 11.462020 Q4: 11.802021 Q1: 13.782021 Q2: 14.932021 Q3: 14.672021 Q4: 15.912022 Q1: 17.862022 Q2: 15.022022 Q3: 16.582022 Q4: 17.002023 Q1: 15.522023 Q2: 14.932023 Q3: 13.632023 Q4: 14.482024 Q1: 13.882024 Q2: 13.752024 Q3: 15.30

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2016 Q3 tone ↑ +4.6 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2017 Q1 tone ↓ -6.9 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↑ +3.5 fwd EPS ↓ -0.03 Tone rose while the forward EPS estimate was cut.
  • 2017 Q4 tone ↑ +6.3 fwd EPS ↓ -0.08 Tone rose while the forward EPS estimate was cut.
  • 2020 Q1 tone ↓ -8.1 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -2.1 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -12.0 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -5.2 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-24+8.0——View →
2024 Q42025-02-27+10.1——View →
2024 Q32024-10-30+4.3$2.8415.3View →
2024 Q22024-07-31+9.5$2.7713.8View →
2024 Q12024-04-26-0.8$2.7513.9View →
2023 Q42024-02-09+11.2$2.6614.5View →
2023 Q32023-10-27+8.4$2.6513.6View →
2023 Q22023-08-02+6.6$2.6014.9View →