Firstenergy

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus, with revenue of $3.7B beating the $3.54B expectation by 4.5%. While GAAP EPS of $0.50 exceeded the $0.475 mean estimate, Core EPS (Non-GAAP) of $0.50 was slightly below the $0.5024 consensus. Growth was primarily driven by the Stand-Alone Transmission segment and a 30% QoQ surge in data center demand, despite higher maintenance costs in the Distribution segment. Management reaffirmed FY26 Core EPS guidance of $2.62-$2.82, in line with market expectations.