FirstEnergy stock gained 1.42 percent before October 27 results

Published on 10/07/2026 at 03:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FirstEnergy stock faces October 27 results after USD 0.50 Q2 GAAP EPS. Revenue reached USD 3.68 billion, up 8.8 percent year over year, while core EPS slipped to USD 0.50.

FirstEnergy, US3379321074, Illustration mit AI erstellt.

FirstEnergy Corp. (ISIN US3379321074) was last at USD 44.26 on the NYSE on October 6, 2026, up 1.42 percent from the prior close. The company will publish third-quarter 2026 results after markets close on October 27 and hold its earnings call on October 28, according to StockTitan on October 2, 2026.

October 27 sets the next test

The upcoming report will show whether FirstEnergy can convert its transmission investment and industrial demand into stronger shareholder earnings. The company serves more than 6 million customers and operates approximately 24,000 miles of transmission lines, according to PR Newswire in its September 29, 2026 release.

FirstEnergy's latest reported quarter ended June 30, 2026. Revenue rose 8.8 percent year over year to USD 3.68 billion, while GAAP net income reached USD 288 million and diluted GAAP EPS increased 8.7 percent to USD 0.50, according to Financial Report Insights in its Q2 2026 analysis.

Core earnings tell a different story

The comparison is less favorable on FirstEnergy's preferred operating measure. Core EPS fell 3.8 percent from USD 0.52 in Q2 2025 to USD 0.50 in Q2 2026, even as GAAP EPS rose from USD 0.46 to USD 0.50.

Management reaffirmed 2026 core EPS guidance of USD 2.62 to USD 2.82, while transmission earnings benefited from rate-base expansion. The contrast puts the October report under pressure to show that revenue growth is reaching the bottom line rather than reflecting pass-through costs.

Analyst target remains above the stock

MarketBeat reported on September 18, 2026, that Morgan Stanley cut its FirstEnergy target from USD 52.00 to USD 49.00 while maintaining an Overweight rating. The revised target lies 10.7 percent above the October 6 price.

MarketBeat's October 6, 2026 overview lists a Moderate Buy consensus from 13 analysts, with seven Buy ratings and six Hold ratings. Its average target of USD 52.58 lies 18.8 percent above USD 44.26, while the published target range runs from USD 49.00 to USD 56.00.

FirstEnergy stock gains before results

FirstEnergy stock was last at USD 44.26 on the NYSE on October 6, 2026, with a session range of USD 43.80 to USD 44.26. Its 52-week range was USD 42.67 to USD 52.34, and its market capitalization was USD 25.6 billion.