We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Entergy (ETR) Tops Q4 Earnings Estimates, Revenues Down Y/Y
Read MoreHide Full Article
Entergy Corp. (ETR - Free Report) is a LA based utility company, which is primarily engaged in electric power production and retail distribution of power. The company has 30,000 megawatt (MW) of generating capacity including more than 10,000 MW of nuclear fuel capacity.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 66 cents per share has remained stable over the last seven days.
Coming to the earnings surprise, Entergy Corp. has surpassed the Zacks Consensus Estimate in two of the last four quarters, which have resulted in a positive average surprise of 4.79%.
Zacks Rank: Currently, Entergy Corp. has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2019 earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Entergy Corp. surpasses earnings estimate. Earnings per share came in at 68 cents, compared with the Zacks Consensus Estimate of 66 cents.
Revenues: The company’s reported revenues of $2,462.3 million, declined 2% from the year-ago figure.
Key Stats: Operating income during the quarter totaled $248.5 million against a loss of $228.9 million in the year-ago quarter. Interest expenses were $187.9 million, up 4.4% from $180 million in the year-ago quarter.
In the reported quarter, total retail customers served by the company increased 0.8% to nearly 2.92 million.
Stock Price: It would be interesting to see how the market reacts to the fourth quarter earnings beat during the trading session today.
Check back later for our full write up on this ETR earnings report later!
Free: Zacks’ Single Best Stock Set to Double
Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
Image: Bigstock
Entergy (ETR) Tops Q4 Earnings Estimates, Revenues Down Y/Y
Entergy Corp. (ETR - Free Report) is a LA based utility company, which is primarily engaged in electric power production and retail distribution of power. The company has 30,000 megawatt (MW) of generating capacity including more than 10,000 MW of nuclear fuel capacity.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 66 cents per share has remained stable over the last seven days.
Coming to the earnings surprise, Entergy Corp. has surpassed the Zacks Consensus Estimate in two of the last four quarters, which have resulted in a positive average surprise of 4.79%.
Zacks Rank: Currently, Entergy Corp. has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2019 earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Entergy Corporation Price and EPS Surprise
Entergy Corporation price-eps-surprise | Entergy Corporation Quote
We have highlighted some of the key details from the just-released announcement below:
Earnings: Entergy Corp. surpasses earnings estimate. Earnings per share came in at 68 cents, compared with the Zacks Consensus Estimate of 66 cents.
Revenues: The company’s reported revenues of $2,462.3 million, declined 2% from the year-ago figure.
Key Stats: Operating income during the quarter totaled $248.5 million against a loss of $228.9 million in the year-ago quarter. Interest expenses were $187.9 million, up 4.4% from $180 million in the year-ago quarter.
In the reported quarter, total retail customers served by the company increased 0.8% to nearly 2.92 million.
Stock Price: It would be interesting to see how the market reacts to the fourth quarter earnings beat during the trading session today.
Check back later for our full write up on this ETR earnings report later!
Free: Zacks’ Single Best Stock Set to Double
Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
See 5 Stocks Set to Double>>