Overview

* FirstEnergy Q3 2025 revenue beats analyst expectations, per LSEG data

* Core Earnings per share for Q3 2025 increased 9% yr/yr to $0.83

* Company narrows full-year 2025 Core Earnings guidance to $2.50-$2.56 per share

Outlook

* FirstEnergy ( FE ) narrows 2025 Core Earnings guidance to $2.50-$2.56 per share

* Company increases 2025 capital program by 10% to $5.5 bln

* FirstEnergy ( FE ) affirms 6-8% annual Core Earnings growth from 2025-2029

Result Drivers

* NEW BASE RATES - Core Earnings benefited from new base rates in Pennsylvania, contributing to increased earnings

* TRANSMISSION INVESTMENTS - Growth in transmission rate base under formula rate programs supported earnings

* INDUSTRY TRANSFORMATION - Strategic advantage of transmission system in PJM region to support future investments

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $4.09 $3.88

Revenue bln bln (6

Analysts

)

Q3 EPS $0.76

Q3 Net $441 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy"

* Wall Street's median 12-month price target for FirstEnergy Corp ( FE ) is $47.50, about 0.9% above its October 21 closing price of $47.08

* The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)