FirstEnergy Corp.

(New York Stock Exchange)
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Slightly Bullish +15

FirstEnergy to Report Q3 Earnings: What to Expect From the Stock? - TradingView

Earnings report AI-generated analysis

πŸ“… FirstEnergy is scheduled to report Q3 2026 earnings on October 27 after market close.

πŸ’° Analysts estimate EPS at 91 cents per share, reflecting a 9.64% year-over-year increase.

⚑ Revenue consensus is pinned at $4.28 billion, implying a 3.29% year-over-year improvement.

πŸ—οΈ Rising data center demand in West Virginia provides 4.3 gigawatts of contracted and pipeline capacity to drive growth.

πŸ”§ The Energize365 program continues to modernize infrastructure and replace aging assets to support grid reliability.

⚠️ Higher operation and maintenance expenses along with storm restoration costs are expected to restrain earnings.

πŸ“‰ Quantitative models show a negative Earnings ESP of -0.73% for the upcoming quarter.

πŸ† FirstEnergy currently holds a Zacks Rank #3 (Hold) rating based on quantitative analysis.

πŸ“Š The company previously delivered a positive earnings surprise of 2.04% in the last reported quarter.

Bullish Signals
  • Rising electricity demand from data centers and industrial customers is expected to drive third-quarter revenue and earnings growth.
  • The company has secured 4.3 gigawatts of contracted and pipeline data center demand in West Virginia as of July 2026.
  • Ongoing infrastructure modernization through the Energize365 program supports grid reliability and the ability to meet rising electricity demand.
  • Strong economic activity across service areas is expected to support earnings in the upcoming quarter.
Risk Factors
  • Higher operation and maintenance expenses are likely to restrain the company's third-quarter earnings growth.
  • Storm restoration costs are expected to negatively impact the company's third-quarter earnings performance.
  • The quantitative model predicts a negative Earnings ESP of -0.73%, indicating lower odds of an earnings beat compared to previous quarters.
Full Analysis
FirstEnergy Corporation (FE) is scheduled to release its third-quarter 2026 earnings results on October 27, following the market close. Analysts project a consensus EPS estimate of 91 cents per share, representing a year-over-year increase of 9.64%, with revenues estimated at $4.28 billion, implying a 3.29% improvement. The company's Q3 performance is expected to be driven by rising electricity demand from data centers and industrial customers, specifically leveraging its 4.3 gigawatts of contracted and pipeline data center demand in West Virginia as of July 2026. Additionally, ongoing infrastructure modernization through the Energize365 program aims to support grid reliability and meet growing demand. However, potential headwinds include higher operation and maintenance expenses combined with storm restoration costs, which may restrain earnings growth. Quantitative models currently indicate a negative Earnings ESP of -0.73% and assign FirstEnergy a Zacks Rank #3 (Hold), suggesting the odds of an earnings beat are not conclusive despite positive historical surprises.