Entergy

Utilities | Electric Utilities | USA
Entergy Corp (ETR) Q4 Earnings Beat, Revenues Decline Y/Y

Entergy Corporation (ETR - Free Report) reported fourth-quarter 2018 adjusted earnings of 60 cents per share, which surpassed the Zacks Consensus Estimate of 48 cents by 25%. However, the reported figure decreased 21.1% from 76 cents registered in the year-ago quarter.

Excluding the effects of special items, the company incurred GAAP loss of 36 cents per share compared with a loss of $2.26 per share a year ago.

For 2018, the company reported adjusted earnings of $7.31 per share, which outpaced the Zacks Consensus Estimate of $7.15 by 2.2%. The bottom line also increased 1.5% from $7.20 in the prior year.

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https://www.zacks.com/stock/news/355657/...decline-yy

Entergy (ETR) Q1 Earnings Surpass Estimates

Entergy (ETR) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 21.28%. A quarter ago, it was expected that this power company would post earnings of $0.66 per share when it actually produced earnings of $0.68, delivering a surprise of 3.03%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Entergy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $2.43 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 9.39%. This compares to year-ago revenues of $2.61 billion.


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https://finance.yahoo.com/news/entergy-e...12012.html