earnings
confidence high
sentiment positive
materiality 0.75
FirstEnergy Q1 GAAP EPS $0.62, Core EPS $0.67; affirms FY 2025 guidance
FIRSTENERGY CORP
2025-Q1 EPS reported
$0.62
revenue$3,765,000,000
- GAAP earnings $360M ($0.62/share) vs $253M ($0.44) in Q1 2024; revenue $3.8B vs $3.3B.
- Core EPS (non-GAAP) $0.67 vs $0.49 YoY; driven by new base rates in PA, NJ, WV and rate base growth.
- Affirms FY 2025 Core EPS guidance $2.40-$2.60 and 6-8% compound annual growth target through 2029.
- Invested $1B+ in customer-focused capital in Q1; on track for $5B in 2025 as part of $28B Energize365 plan.
- Distribution deliveries up 4% YoY; residential +10%, commercial +5%, industrial -3%.