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FirstEnergy reports $0.96 GAAP EPS in Q3 driven by rising data center demand

The Motley Fool +1 · ·by G4L

FE
FE Firstenergy Corp
$46.48 -0.30%
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  1. 1FirstEnergy recorded a growth rate of nearly 60% in contracts and pipeline demand after year-end.
  2. 2CFO John Taylor reported GAAP earnings per share of $0.96 for the third quarter.
  3. 3Chairman Brian Tierney reaffirmed the 2026 core EPS guidance range of $2.62 to $2.82.

So what's the key point?

FirstEnergy achieved earnings per share of $0.96 in the third quarter as data center demand increased. The company also reaffirmed its plan for higher earnings in 2026.

Source The Motley Fool +1 · View original ↗

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