Entergy (ETR) Misses Q3 EPS by 18c

Entergy (NYSE: ETR) reported Q3 EPS of $1.68, $0.18 worse than the analyst estimate of $1.86. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.4 billion.

"We're pleased to report that the Utility posted its fifth straight quarter-over-quarter of industrial sales growth – and the second straight quarter over 5 percent, exceeding our expectations for the year," said Entergy Chairman and CEO Leo Denault. "Our nuclear plants also operated well – we posted a 90 percent capacity factor at EWC, for example – and had fewer unplanned outage days. And as it has been for some time, our strategy is sound and our path is clear. Entergy's long-term value is intact."

For earnings history and earnings-related data on Entergy (ETR) click here.

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