Entergy (ETR) Tops Q3 EPS by 17c; Raises FY20 EPS Mid-Point Guidance

Entergy (NYSE: ETR) reported Q3 EPS of $2.59, $0.17 better than the analyst estimate of $2.42.

"We delivered another strong quarter. With the confidence and clarity we have for the remainder of the year, we are narrowing our 2020 adjusted earnings per share guidance range, and we are affirming our longer-term outlooks," said Entergy Chairman and Chief Executive Officer Leo Denault. "This year has presented challenges for all of us and, at Entergy, we were well prepared. For the past several years, we've been building the culture, processes, and resources to successfully deliver on our commitments, even in the face of extraordinary times. It's what our stakeholders expect of us. Our strong results demonstrate the progress we've made."

GUIDANCE:

Entergy sees FY2020 EPS of $5.60-$5.70, versus the consensus of $5.57.

• Entergy narrowed its 2020 adjusted EPS guidance to a range of $5.60 to $5.70 from $5.45 to $5.75. See webcast presentation slides for additional details.

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

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