Entergy (ETR) Misses Q1 EPS by 11c

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Entergy Reports First Quarter Earnings

April 25, 2018 7:05 AM EDT

NEW ORLEANS, April 25, 2018 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported first quarter 2018 earnings per share of 73 cents on an as-reported basis and $1.16 on an operational basis. These results reflect the lower federal income tax rate, favorable weather of 9 cents and a loss of (4) cents from the implementation of ASU No. 2016-01, which now requires the mark-to-market of equity investments in the nuclear decommissioning trust funds at EWC.

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