FirstEnergy reaffirms 2026 core EPS guidance of $2.62-$2.82, expects at or slightly above midpoint
Bitget2026/10/27 21:01- FirstEnergy reaffirmed 2026 core EPS guidance of $2.62-$2.82, targeting at or slightly above the midpoint.
- Year-to-date core EPS rose 9% to $2.20, supported by higher revenue from rates, investments and customer demand.
- Long-term core EPS compound annual growth remains projected near the top of 6%-8% for 2026-2030.
- Transmission investment is expected to increase at least 25% for 2027-2031 versus the current $19 billion plan.
- Contracted data center demand nearly doubled to approximately 8 GW, supporting additional investment opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
