Earnings Call Excerpt
FirstEnergy Corp. (FE)
Q1 2006 Earnings Conference Call
April 26th 2006, 10:00 AM.
Executives:
Kurt Turosky, Director of Investor Relation
Richard Marsh, SVP, Chief Financial Officer
Anthony Alexander, President, Chief Executive Officer
Harvey Wagner, VP, Controller
Jim Pearson, Treasurer
Terry Howson, Vice President of Investor Relations
Analysts:
Ashar Khan, SAC Capital
Greg Gordon, Citigroup
Steve Fleishman, Merrill Lynch
Paul Patterson, Glenrock Associates
Paul Ridzon, KeyBanc
Paul Fremont, Jefferies
Gregg Orrill, Lehman Brothers
David Frank, Pequot Capital
Dan Eggers, Credit Suisse
Presentation
Operator
Good morning, ladies and gentlemen. My name is Mia and I will be your conference facilitator today. At this time, I would like to welcome everyone to the FirstEnergy First Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. Operator Instructions
Thank you. It is now my pleasure to turn the floor over to your host, Kurt Turosky, Director of Investor Relations. Sir, you may begin your conference.
Kurt Turosky, Director of Investor Relation
Thank you, Mia. During this conference call, we will make various forward-looking statements within the meaning of the Safe Harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the business of FirstEnergy Corp are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. Please read the Safe Harbor statement contained in the consolidated reports to the financial community, which was released earlier today and is also available on our website under the Earnings Release link. Reconciliations to GAAP for various non-GAAP financial measures we will be referring to today are also contained in that report, as well as on the Investor Information section of our website.
Participating in today's call are Tony Alexander, President and Chief Executive Officer; Rich Marsh, Senior Vice President and Chief Financial Officer; Harvey Wagner, Vice President and Controller; Jim Pearson, Treasurer; and Terry Howson, Vice President of Investor Relations.
I will now turn the call over to Rich Marsh.
Richard Marsh, SVP, Chief Financial Officer
Thank you, Kurt. Good morning everyone. Thanks for being with us today. I will start the call by providing an overview of our earnings results and other financial matters, and then turn the call over to Tony Alexander to discuss our operational performance and also provide an update on regulatory initiatives.
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