FirstEnergy (FE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
📅 FirstEnergy is set to report quarterly earnings on October 27, with results covering the quarter ended September 2026.
💰 Analysts expect FE to deliver $0.92 per share in earnings, marking a 10.8% year-over-year increase.
📈 Revenues are forecasted at $4.3 billion, reflecting a 3.7% growth compared to the same quarter last year.
📉 The consensus EPS estimate has been revised up by 2.14%, yet the Most Accurate Estimate is currently lower than the consensus.
🔮 The Zacks Earnings ESP model shows a negative reading of -1.42%, suggesting FirstEnergy is not a compelling candidate for an earnings beat.
📊 FirstEnergy holds a Zacks Rank of #3 (Hold), which combined with the negative ESP makes predicting a surprise difficult.
📜 Historically, FE has beaten consensus estimates in three of its last four quarters, including a recent +2.04% surprise.
- FirstEnergy is expected to report quarterly earnings of $0.92 per share, representing a significant 10.8% year-over-year increase.
- Revenues are projected to reach $4.3 billion, up 3.7% from the year-ago quarter, indicating solid top-line growth.
- The Most Accurate Estimate is currently lower than the Zacks Consensus Estimate, resulting in a negative Earnings ESP of -1.42%.
- The combination of a negative Earnings ESP and a Zacks Rank of #3 (Hold) makes it difficult to predict that FirstEnergy will beat consensus EPS estimates.