Earnings ·
FirstEnergy Corp. reported second quarter 2026 GAAP earnings of $288 million, or $0.50 per share, on revenue of $3.7…
FEFirstenergy Corp
FirstEnergy Corp. reported second quarter 2026 GAAP earnings of $288 million, or $0.50 per share, on revenue of $3.7 billion, compared to $268 million, or $0.46 per share, in the prior year period. Core Earnings (non-GAAP) were $0.50 per share, in line with plan. Year-to-date GAAP earnings were $693 million, or $1.20 per share, on revenue of $7.9 billion. The company reaffirmed its 2026 Core Earnings guidance range of $2.62 to $2.82 per share and its long-term Core Earnings compound annual growth target near the top end of 6% to 8% from 2026 to 2030. Contracted data center demand increased to 6.4 GW, with West Virginia demand up 137% to 4.3 GW. FirstEnergy operates as an investor-owned electric utility serving over 6 million customers in the Midwest and Mid-Atlantic regions.