FirstEnergy Corp. (FE)

The company now

FirstEnergy reported third-quarter 2026 earnings of $557 million, or $0.96 per share, on revenue of $4.6 billion 1.

The company reaffirmed its 2026 guidance for Core Earnings, a measure that leaves out one-off items, of $2.62 to $2.82 per share and said it expects results at or slightly above the midpoint 1.

Behind that sits a $36 billion, five-year spending plan called Energize365 to modernize the grid, and the company says it put $4.9 billion into it in the first nine months of 2026 1.

Large customers are pulling the plan forward 1. Their contracted demand is 7.9 gigawatts, nearly double the level at the start of the year 1. The company expects at least a 25% increase in its current $19 billion transmission plan when it rolls forward 1.

The open question is Maidsville Energy Center, a proposed gas power plant in West Virginia, where the state regulator's final order is projected for the fourth quarter of 2026 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.