FirstEnergy reports higher second-quarter earnings and reaffirms 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
FirstEnergy reported second-quarter 2026 GAAP earnings of $288 million, or $0.50 per share, on $3.7 billion of revenue, compared with $268 million, or $0.46 per share, on $3.4 billion of revenue a year earlier; Core EPS was $0.50 versus $0.52. The company reaffirmed 2026 Core EPS guidance of $2.62-$2.82, plans to invest $6 billion this year, and said contracted data-center demand rose 50% from the first quarter to 6.4 gigawatts, while total contracted and pipeline demand reached 24.8 gigawatts.