Entergy Corporation Prepares for First-Quarter Earnings Announcement

Valued at $34 billion by market cap, Entergy Corporation (ETR), based in New Orleans, Louisiana, is involved in the production and retail distribution of electricity across the United States. The company operates power plants with an approximate 24,000 megawatts of electric generating capacity.

Quarterly Earnings Expectations

Entergy is set to report its first-quarter results before markets open on April 23. Analysts project ETR will achieve a non-GAAP profit of $0.60 per share, marking an 11.1% increase from last year’s $0.54 per share. Although ETR has fallen short of earnings estimates once during the past four quarters, it has successfully exceeded them three times.

Fiscal Year Projections

For the full fiscal year 2025, projections indicate that ETR will deliver a non-GAAP earnings per share (EPS) of $3.88, reflecting a 6.3% rise from $3.65 recorded in fiscal 2024. Looking ahead to fiscal 2026, analysts expect an additional 11.3% growth, bringing EPS to $4.32.

Stock Performance and Market Comparison

ETR’s stock has gained 51.5% over the past year, significantly outpacing the Utilities Select Sector SPDR Fund’s (XLU) 15.2% increase and the S&P 500 Index’s ($SPX) 4.7% rise during the same period.

Recent Earnings Release and Investor Sentiment

Following a mixed Q4 earnings report on February 18, ETR’s stock increased nearly 6%. The company reported a decline in natural gas and other revenues, while electric revenues experienced only modest growth, resulting in a small uptick of 64 basis points in total revenue to $2.7 billion. This outcome was below market expectations. However, adjusted EPS of $0.66 exceeded analyst forecasts by 4.8%. For fiscal 2025, the adjusted EPS guidance range provided was $3.75 to $3.95, enhancing investor confidence.

Analyst sentiment regarding Entergy remains generally positive. The consensus rating for ETR stock is “Moderate Buy.” Out of 17 analysts covering the stock, 11 recommend a “Strong Buy,” while six suggest a “Hold.” The mean price target for ETR stands at $89.66, indicating an 11.4% potential upside based on current stock prices.

On the date of publication, Aditya Sarawgi did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are purely for informational purposes. For further details, please view the Barchart Disclosure Policy here.

More news from Barchart

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.