FirstEnergy Corp. (FE) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to First Energy Corp's first quarter 2026 earnings call. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Karen Saget, Vice President of Investor Relations. Please go ahead, Karen. Thank you. Good morning, everyone, and welcome to First Energy's first quarter 2026 earnings review. Our earnings release, presentation, and related financial information are available on our website at firstenergycorp.com. Today's discussion will include the use of non-GAAP financial measures and forward-looking statements, which are subject to risks and uncertainties. Factors discussed in our earnings news release during today's conference call and in our SEC filings could cause our actual results to differ materially from these forward-looking statements. The appendix of today's presentation includes supplemental information, along with the reconciliation of non-GAAP financial measures. Please read our cautionary statement and discussion of non-GAAP financial measures on slides two and three of the presentation. Our Chairman, President, and Chief Executive Officer, Brian Tierney, will lead our call today, and he will be joined by John Taylor, our Senior Vice President and Chief Financial Officer. Now it's my pleasure to turn the call over to Brian. Thank you, Karen. Good morning, everyone. Thank you for joining us today. We are off to a solid start this year with first quarter core earnings 7.5% above last year, reflecting our customer-focused investment plan and strong financial discipline. We are on track for a successful year with expected results in line with our 2026 earnings guidance range of $2.62 to $2.82 per share, and our long-term outlook remains strong. The team executed extremely well in the first quarter, Des...