Entergy: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:13 AM ET
Last Updated - Aug 01, 2024, 10:13 AM EDT
NEW ORLEANS (AP) — NEW ORLEANS (AP) — Entergy Corp. (ETR) on Thursday reported second-quarter profit of $48.9 million.
On a per-share basis, the New Orleans-based company said it had profit of 23 cents. Earnings, adjusted for non-recurring costs, were $1.92 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.
The power company posted revenue of $2.95 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $2.98 billion.
