earnings
confidence high
sentiment positive
materiality 0.75
FirstEnergy Q1 GAAP EPS $0.70 vs $0.62 YoY; Core EPS $0.72; reaffirms FY26 guidance
FIRSTENERGY CORP
2026-Q1 EPS reported
$0.70
revenue$4,202,000,000
- Q1 2026 GAAP net income $405M ($0.70/diluted share) vs $360M ($0.62) in Q1 2025.
- Core (non-GAAP) EPS $0.72, up 7.5% from $0.67 YoY; revenue $4.2B vs $3.8B.
- Reaffirms FY26 Core EPS guidance $2.62-$2.82 and 6-8% long-term growth near top end.
- Invested ~$1.4B in customer-focused capital in Q1; 33% increase from Q1 2025.
- Energize365 capital plan of $6B in 2026 and $36B through 2030; ~10% rate base CAGR.