Entergy Reports Second Quarter Earnings

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Entergy (ETR) Misses Q2 EPS by 1c; Raises FY20 EPS Guidance, Narrows FY19 & FY21 EPS Guidance Ranges

July 31, 2019 6:43 AM EDT

Entergy (NYSE: ETR) reported Q2 EPS of $1.35, $0.01 worse than the analyst estimate of $1.36.

Business highlights included the following:

Entergy narrowed its 2019 adjusted EPS guidance to $5.15 to $5.45 and raised and narrowed its 2020 and 2021 adjusted EPS outlooks to $5.45 to $5.75 and $5.80 to $6.10, respectively.The St. Charles Power Station was placed in service on budget and ahead of schedule.Phase 1 of the Western Region economic transmission project was... More