FirstEnergy Q3 2026: revenue up 11.1%, core EPS $0.98 beats consensus
FirstEnergy beat the $0.9275 consensus with core EPS of $0.98 and grew revenue 11.1%, and it reaffirmed 2026 core guidance of $2.62 to $2.82 a share. The quarter itself is solid; the more telling number may be 7.9 gigawatts of contracted large-load demand. Read the scorecard for the quarter, then the outlook and the balance sheet.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $0.96 and core EPS $0.98 against a consensus of $0.9275 — a beat of about $0.05 a share, or 5.7%. The GAAP-to-core gap is small this quarter: special items totaled $0.02 a share, mostly $0.03 of investigation costs partly offset by pension credits. Year-to-date core EPS is $2.20, up 9.0% from $2.02.
Revenue rose 11.1% to $4.56 billion from $4.10 billion a year earlier. Net income rose to $557 million from $441 million, lifting net margin to 12.2% from 10.8%. Almost all of the quarter came from regulated electricity sales, which contributed $3.67 billion of the total.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.