8-KRegulation FDExhibits & Filings

FIRSTENERGY CORP 8-K Report, Regulation FD Disclosure (Jun 2, 2009)

Filed June 2, 2009For Securities:FE

Summary

On June 2, 2009, FirstEnergy Corp. (FE) filed an 8-K to disclose its latest earnings guidance and estimated cash flow for the full year 2009. This announcement is primarily aimed at keeping investors informed about the company's financial outlook and operational expectations. While specific figures are detailed in the attached press release (Exhibit 99.1), the core purpose of this filing is to provide forward-looking financial projections. Investors should note that the information presented in the press release includes non-GAAP financial measures. FirstEnergy explicitly states that these should be considered in addition to, and not as a substitute for, GAAP-based measures. The company also cautions that these non-GAAP measures may not be comparable to similar metrics used by other companies. The filing also contains standard forward-looking statements, highlighting various risks and uncertainties that could impact actual results.

Key Highlights

  • 1FirstEnergy Corp. (FE) issued updated earnings guidance and estimated cash flow for 2009 via a press release on June 2, 2009.
  • 2The information was disclosed under Item 7.01 (Regulation FD Disclosure) of the 8-K filing.
  • 3The press release containing the guidance is attached as Exhibit 99.1 to the 8-K.
  • 4The filing emphasizes that non-GAAP financial measures are included and should be used in conjunction with, not as a replacement for, GAAP measures.
  • 5FirstEnergy acknowledges that its non-GAAP financial measures may not be directly comparable to those of other companies.
  • 6The report includes a comprehensive 'Forward-Looking Statements' section detailing potential risks and uncertainties that could affect future results.
  • 7The company disclaims any intention to update these forward-looking statements based on new information or future events.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose FirstEnergy's updated earnings guidance and estimated cash flow for the full year 2009 to the public, in compliance with Regulation FD.

This filing primarily contains projections in the form of earnings guidance and estimated cash flow for 2009, as detailed in the accompanying press release. It does not present actual financial results for a specific period.

The press release includes non-GAAP financial measures. FirstEnergy advises that these should be considered in addition to, and not as a substitute for, the most directly comparable financial measures prepared in accordance with GAAP (Generally Accepted Accounting Principles).

Investors should be aware that the filing includes numerous forward-looking statements that are subject to various risks and uncertainties. These factors, which are detailed in the filing, could cause actual results to differ materially from the projections made. FirstEnergy also states it has no current intention to update these statements.