Entergy Corporation (ETR) reported third-quarter 2024 earnings of $2.99 per share, which beat the Zacks Consensus Estimate of $2.91 per share by 2.8%. However, earnings declined 4.8% from the year-ago figure of $3.14 per share.The year-over-year deterioration can be attributed to lower revenues and interest expenses incurred in the third quarter compared with the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ETR’s Q3 RevenuesEntergy reported revenues of $3.39 bill ...

Entergy (ETR) came out with quarterly earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.91 per share. This compares to earnings of $3.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.75%. A quarter ago, it was expected that this power company would post earnings of $1.77 per share when it actually produced earnings of $1.92, delivering a surprise of 8.47%.Over the last four quarters, the company has s ...

NEWS RELEASE FOR IMMEDIATE RELEASE October 31, 2024 Entergy reports third quarter earnings Company narrows guidance range and updates longer-term outlooks NEW ORLEANS – Entergy Corporation (NYSE: ETR) reported third quarter 2024 earnings per share of $2.99 on both an as-reported and an adjusted (non-GAAP) basis. "We achieved outstanding results across operational, regulatory, resilience, and growth dimensions," said Drew Marsh, Entergy Chair and Chief Executive Officer. "These outcomes are the result of str ...

Company narrows guidance range and updates longer-term outlooks NEW ORLEANS, Oct. 31, 2024 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported third quarter 2024 earnings per share of $2.99 on both an as-reported and an adjusted (non-GAAP) basis. "We achieved outstanding results across operational, regulatory, resilience, and growth dimensions," said Drew Marsh, Entergy Chair and Chief Executive Officer. "These outcomes are the result of strong execution and leveraging a stakeholder engagement model th ...

Entergy Corporation (ETR) announced that its board of directors has approved a 6.2% increase in the quarterly dividend rate. The revised quarterly dividend will be $1.20 per share, payable on Dec. 2, 2024, to shareholders of record at the close of the business on Nov. 13, 2024. Since 1988, Entergy has consistently paid cash dividends to shareholders on its common shares.ETR’s new annualized dividend rate is $4.80. The company’s current dividend yield is 3.52%, based on its share price worth $136.32 as of Oc ...

NEW ORLEANS, Oct. 25, 2024 /PRNewswire/ -- Entergy's board of directors today declared a quarterly dividend payment of $1.20 per share, an increase of $0.07 per share, on the company's common stock. The dividend is payable Dec. 2, 2024, to shareholders of record as of Nov. 13, 2024. Entergy has paid shareholders a cash dividend on its common stock continuously since 1988. About Entergy Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Ar ...

Entergy (ETR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On ...

NEW ORLEANS, Oct. 24, 2024 /PRNewswire/ -- Entergy will report its third-quarter 2024 financial results before the market opens Thursday, Oct. 31.Drew Marsh, chair and chief executive officer, Kimberly Fontan, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy's financial results at 10 a.m. Central time that day. The webcast may be accessed by visiting Entergy's website at entergy.com/investors or by dialing 888-440-4149, co ...

Retail industry veteran Seth Golden recently warned that, according to a widely used oscillator Williams %R, the S&P 500 has been overbought for an entire year. Golden, a hedge fund consultant who previously worked for household names such as Target and now-defunct Bed Bath & Beyond, pointed out that this is just the 23rd time in history that this has occurred. Based on historical data he shared in a post on X, he pointed out that when this happened, it continued the same trend for the rest of the year — po ...

Electric power utility is emerging as an industry promising gains in the long term. This space is set to see a massive acceleration in demand from artificial intelligence (AI)-driven data center growth, widespread adoption of electric vehicles (EV), and an increase in residential demand. Investors should closely watch the players in this industry with a long-term investment perspective. At this stage, we recommend five large-cap (market capital > $10 billion) electric power utility stocks with a favorable Z ...