FirstEnergy Corp. Reports Strong Q1 Earnings and Increases Grid Investment
FirstEnergy Corp. (FE) reported first-quarter core earnings of $0.72 per share, a 7.5% increase year-over-year, and reaffirmed its full-year 2026 earnings guidance. The company increased its capital deployment by 33% to $1.4 billion, with most funds directed toward grid reliability and resilience programs. The results support the company's $36 billion Energize365 infrastructure plan through 2030.
Tickers: $FE
Topics: Capital Deployment Earnings Grid Modernization Infrastructure Investment Utility Sector