FirstEnergy backs FY25 adjusted EPS view $2.40-$2.60, consensus $2.53

FirstEnergy (FE) affirmed its 2025 Core Earnings guidance range of $2.40 to $2.60 per share, based on 578 million shares outstanding, and is targeting the upper half of the range. The company also affirmed its 6-8% compounded Core Earnings growth rate target from 2025 through 2029. This growth is supported by FirstEnergy’s five-year, $28 billion capital investment plan, Energize365, which includes $5 billion in targeted investments in 2025. The company has deployed $2.5 billion in capital investments through the first half of 2025.