FirstEnergy's first quarter 2026 results beat expectations while reaffirming its $6 billion capital plan.

FirstEnergy reported first quarter 2026 revenue of $4.2 billion and Core EPS of $0.72, beating analyst estimates of $3.95 billion and $0.71, respectively.

Key Highlights

• Core EPS grew 7.5% year-over-year to $0.72, driven by returns on capital investments and lower operating expenses.
• The company reaffirmed its full-year 2026 Core EPS guidance range of $2.62 to $2.82 per share.
• FirstEnergy invested $1.4 billion during the quarter as part of its Energize365 initiative and reaffirmed its plan to invest $6 billion for the full year 2026.