FirstEnergy Corp reports results for the quarter ended June 30 - Earnings Summary
FirstEnergy Corp reports results for the quarter ended June 30 - Earnings Summary
FirstEnergy Corp FE.N reported quarterly adjusted earnings of 50 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 47 cents to 58 cents per share.
Revenue rose 8.8% to $3.68 billion from a year ago; analysts expected $3.53 billion.
FirstEnergy Corp's reported EPS for the quarter was 50 cents.
The company reported quarterly net income of $288 million.
FirstEnergy Corp shares had risen by 3.7% this quarter and gained 10.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.7% in the last three months.
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for FirstEnergy Corp is $53.00, about 6.3% above its last closing price of $49.65
This summary was machine generated from LSEG data July 29 at 12:07 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.51 | 0.50 | Missed |
Mar. 31 2026 | 0.71 | 0.72 | Beat |
Dec. 31 2025 | 0.55 | 0.53 | Missed |
Sep. 30 2025 | 0.77 | 0.83 | Beat |
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