Entergy Corp reports results for the quarter ended December 31 - Earnings Summary

• Entergy Corp ETR.N reported quarterly adjusted earnings of 66 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of twelve analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 60 cents to 67 cents per share.

• Revenue rose 0.6% to $2.74 billion from a year ago; analysts expected $3.18 billion.

• Entergy Corp's reported EPS for the quarter was 65 cents​.

• The company reported quarterly net income of $286.45 million.

• Entergy Corp shares had risen by 8.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Entergy Corp is $82.50

This summary was machine generated from LSEG data February 18 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)