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FEFirstEnergy Corp.Hold5.1·$46.27

FirstEnergy (FE) Q3 2026 earnings — TrendMatrix coverage

BEAT+8.9% vs estimateEPS $0.98 vs $0.90 estVerdict Buy (Wait) → Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$0.98
Estimate
$0.90
Surprise
+8.9%
Score at report (before → after)
5.1 → 5.1/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q3 2026

How the report landed

FirstEnergy (FE) beat the $0.90 estimate with adjusted EPS of $0.98 — a clear 8.9% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Hold at 5.1/10 after the report.

Current read · as of 2026-10-28

Where TrendMatrix's rating stands now

TrendMatrix currently rates FE Hold at 5.1/10.

1 of the last 4 quarters beat the estimate; this quarter's +8.9% surprise compares with a +2.0% four-quarter average.

What supports the rating

  • Sector modifier (Utilities): +1.0
  • Positive news sentiment (+0.77)

What argues against it

  • Analyst target reached - limited upside remaining
  • V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)
  • Leverage penalty (D/E 2.0): -1.5

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$46.27
Stop
$44.83

The stock trades at 24.7× trailing but 15.7× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.

Utilities context

FE at TrendMatrix's latest read

Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.

Industry
Utilities - Regulated Electric
Market cap
$26.76B
P/E (fwd)
15.7
P/E (ttm)
24.7
52-week range
$42.67–$52.34
Off 52-week high
11.6%
RSI (14)
67
Volume vs avg
0.84×
Score today
5.1/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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