FirstEnergy Corp. (FE) earnings on July 28, 2026

After the market closes Q2 2026

More FirstEnergy Corp. earnings

Prior outlook: Pessimistic Outcome: Accurate

FirstEnergy posted profit per share below what analysts expected, though its sales surpassed forecasts and it kept its annual forecast unchanged. The stock climbed early but finished lower.

FE price around the earnings

49.13

Change: -1.0%

2026-07-29, 20:00 UTC

Start of the measured window End of the measured window
48.99 49.49 49.98 50.48 49.65
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)
July 28, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Barclays upgrade supports optimistic case; 75% beat rate historically reliable; price below support limits immediate upside.

Context analyzed before publication

Trend
Strong trend strength (+48.6 July 27) reversed sharply into event (-22.1 July 28); price below support.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.24
Analysts covering the stock
13
Average price target
53
Lowest price target
48
Highest price target
56
Upside to price target
6.6%
Quarterly earnings growth
12.5%
Revenue growth
11.6%
Forward EPS
2.95
Trailing EPS
1.84
Analyst moves in the last 60 days
2
  • Strong buy: 3
  • Buy: 5
  • Hold: 9
  • Sell: 0
  • Strong sell: 0
Strong buy
3
Buy
5
Hold
9
Sell
0
Strong sell
0
  • July 20, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • June 11, 2026 · UBS: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (1)

Technicals

Evidence

Average true range (ATR)
1.7%
Distance to 52-week high
-3.2%
14-day change (14d)
+1.9%
30-day change (31d)
+1.8%
30-day relative strength
+0.5%
SPY change (31d)
+1.3%
Nearest support
49.16
Nearest resistance
49.45
Volume accumulation ratio (14d / 46d)
0.84

Trends

Evidence

Average earnings surprise
+3.5%
  • April 28, 2026: actual EPS 0.72 vs estimate 0.72 (surprise +0.6%)
  • February 17, 2026: actual EPS 0.53 vs estimate 0.53 (surprise -0.9%)
  • October 22, 2025: actual EPS 0.83 vs estimate 0.77 (surprise +7.5%)
  • July 30, 2025: actual EPS 0.52 vs estimate 0.49 (surprise +6.9%)

Expected move

Implied move
+1.2%
Source
Options chain

Reactions over its last 20 earnings

Median move
1.6%
75th percentile move
2.7%
90th percentile move
4.2%
Up / down moves
6 / 14
Average up move
+1.5%
Average down move
-2.4%

Monitoring and close

What FirstEnergy Corp. reported

Status
Finished
Actual EPS0.5
EPS estimate0.51
EPS surprise-2.0%
Revenue$3,700 million
Revenue estimate$3,528 million
Revenue surprise+4.9%

FirstEnergy beat quarterly earnings estimates and reaffirmed annual guidance. The company maintains a $6 billion capital plan as data center demand grows while addressing regulatory matters in New Jersey and West Virginia.

Sources (8)

Pre-market second reading after the results

Verdict
Missed expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Accurate
Consolidated
-1.1%
Max favorable move (MFE)
1.3%
Max adverse move (MAE)
1.3%