FirstEnergy reaffirms 2026 core earnings guidance of $2.62 to $2.82 per share after beating Q2 revenue expectations.
FirstEnergy reported Q2 revenue of $3.7 billion, exceeding estimates by $160 million and marking an 8.8% year-over-year increase. Non-GAAP earnings per share matched expectations at $0.50.
The company reaffirmed its 2026 core earnings guidance range of $2.62 to $2.82 per share, aligning with the consensus estimate of $2.74. The outlook is supported by planned capital investments.
No immediate market reaction was disclosed in the release.