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Entergy Corp. (ETR)
NYSE:ETR
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.63Last Year’s EPS
$0.26Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 12.25%
|Next Earnings Date:Feb 19, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance and robust growth outlook driven by increased capital investments and industrial sales growth. Despite the negative impact of weather on earnings and costs associated with Hurricane Francine, the positive aspects significantly outweigh the challenges.Company Guidance
During Entergy's Q3 2024 earnings call, several key metrics and guidance updates were provided by executives. The company reported a robust quarterly adjusted EPS of $2.99, leading to an upward revision of the bottom of their guidance range by $0.10. Additionally, Entergy increased its capital plan through 2028 by $7 billion due to higher industrial sales, which are expected to grow at a compound annual growth rate (CAGR) of 11% to 12%, spurred by a significant new customer in Louisiana. This growth also supports an enhanced longer-term EPS outlook, projected to rise by $0.35 to $0.85 annually between 2026 and 2028. Entergy's capital investments include 750 megawatts of new hydrogen-ready dual fuel combined cycle combustion turbine units and nearly 800 megawatts of solar resources in service, with more than 2,600 megawatts of projects in various stages. These strategic moves aim to accommodate increased demand for clean energy products and industrial sales, supporting the company's commitment to achieving net-zero emissions by 2050.Strong Financial Performance
Reported strong quarterly adjusted EPS of $2.99. Raised the bottom of the guidance range by $0.10 and increased the long-term outlook due to new capital investments.
Significant Capital Investment
Preliminary capital plan through 2028 is $7 billion higher than at Analyst Day, driven by new transmission and generation investments, including renewables.
Industrial Sales Growth
Industrial sales compound annual growth rate projected at 11% to 12% through 2028, 300 basis points higher than previous projections.
Renewable Energy Expansion
Close to 800 megawatts of solar resources in service, with more than 2,600 megawatts of projects in process or under review.
Dividend and Stock Split
Board approved a 6% dividend increase and a 2-for-1 stock split, with trading on a split-adjusted basis beginning on December 13.
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ETR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ETR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $66.93 | $77.08 | +15.17% |
| Aug 01, 2024 | $57.47 | $59.88 | +4.19% |
| Apr 24, 2024 | $52.84 | $52.48 | -0.68% |
| Feb 22, 2024 | $49.92 | $50.05 | +0.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Entergy Corp. (ETR) report earnings?
Entergy Corp. (ETR) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Entergy Corp. (ETR) earnings time?
Entergy Corp. (ETR) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ETR EPS forecast?
ETR EPS forecast for the fiscal quarter 2024 (Q4) is $0.63.
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