FirstEnergy Q2 FY26 GAAP EPS rises 8.7% to $0.50; revenue climbs 8.8% to $3.7 billion - FE News | RalliesFirstEnergy Q2 FY26 GAAP EPS rises 8.7% to $0.50; revenue climbs 8.8% to $3.7 billion
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FE• Demand and guidance
- Contracted data center demand climbed 30% since the first quarter to 6.4 GW; West Virginia demand more than doubled to 4.3 GW.
- The company reaffirmed 2026 Core EPS guidance of $2.62 to $2.82.
- It also reiterated Core EPS CAGR near the top end of 6% to 8% for 2026-2030.
Second-quarter results
- FirstEnergy posted second-quarter GAAP earnings of $288 million, or $0.50 a share, up 7.46% from a year earlier.
- Revenue rose 8.82% to $3.7 billion.
- Core earnings (non-GAAP) were $0.50 a share, down 3.85% from the prior-year quarter.
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