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FirstEnergy reports Q1 2026 core earnings of $0.72/share, reaffirms 2026 guidance and $36B investment plan.

Company Fundamentals
28 Apr 2026
PRNewsWire
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Bullish
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FirstEnergy Corp. reported first quarter 2026 GAAP earnings of $0.70 per share and Core Earnings (non-GAAP) of $0.72 per share, a 7.5% increase from the prior year. The company invested nearly $1.4 billion in customer-focused capital, supporting its $6 billion planned investments for 2026 and a $36 billion Energize365 capital plan through 2030. FirstEnergy reaffirmed its 2026 Core Earnings guidance range of $2.62 to $2.82 per share and expects long-term Core EPS growth near the top end of 6-8% annually through 2030. The strong results reflect disciplined investments in grid modernization and reliability, driving transmission rate base growth and higher earnings despite some increased costs.

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