Jefferies Cuts Price Target on Entergy (ETR) to $74 Following new Guidance

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Go back to Jefferies Cuts Price Target on Entergy (ETR) to $74 Following new Guidance

Entergy Reports Third Quarter Results

October 25, 2016 6:31 AM EDT

NEW ORLEANS, Oct. 25, 2016 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported third quarter 2016 earnings per share of $2.16 on an as-reported basis and $2.31 on an operational basis.

"This quarter's solid results demonstrate our ability to execute on our strategy of steady, predictable growth at the Utility while reducing EWC's footprint," said Entergy chairman and chief executive officer Leo Denault. "The prudent decisions we are making for the benefit of our stakeholders to position the nuclear fleet for sustained operational... More