Entergy ETR reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Entergy beat estimated earnings by 6.77%, reporting an EPS of $2.84 versus an estimate of $2.66.
Revenue was up $865.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.36 which was followed by a 1.32% increase in the share price the next day.
Here's a look at Entergy's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 1.42 | 1.37 | 0.70 | 2.45 |
EPS Actual | 1.78 | 1.32 | 0.76 | 2.45 |
Revenue Estimate | 2.84B | 2.78B | 2.13B | 3.18B |
Revenue Actual | 3.40B | 2.88B | 2.72B | 3.35B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Entergy management provided guidance for FY 2022, expecting earnings between $6.25 and $6.45 per share.
To track all earnings releases for Entergy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.