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INX:ETR, Sep 30, 03:53 UTC

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Thursday, August 27


News

Entergy Crews Assessing Damages, Restoring Power as Hurricane Laura Travels North

ETR

NEW ORLEANS, Aug. 27, 2020 /PRNewswire/ -- Members of Entergy's storm team are assessing damages and restoring power where it is safe to do so after Hurricane Laura made landfall early Thursday morning near Cameron as a catastrophic Category 4 hurricane, causing widespread damage to Entergy's electrical system and knocking out power to customers across Louisiana and east Texas. As of 11 a.m. Thursday, approximately 360,000 customers throughout Entergy's service territories were without power. While restoration efforts are beginning behind Laura in Texas and Louisiana, additional outages are occurring as the powerful storm travels north into Arkansas. "This is going to be a marathon, not a sprint, so we are asking that our customers be patient with us and other first responders as we work to recover safely. Although this storm situation is unique in many ways, we have been through this before and, together, we will get through it again." Entergy is continuing to add personnel to a restoration team of more than 13,000 that includes workers from 27 states either in our territory or on their way to the storm-ravaged areas. Additionally, crews will continue to practice social distancing and Entergy asks that customers do the same. For the safety of crews and all those involved, please stay away from work zones.

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Friday, July 24


News

Entergy (ETR) to Report Q2 Earnings: What's in the Cards?

ETR

Entergy (ETR) to Report Q2 Earnings: What's in the Cards? Entergy Corporation ETR is set to release second-quarter 2020 results on Jul 29, before the opening bell. The Zacks Consensus Estimate for Entergy’s second-quarter revenues, pegged at $2.81 billion, indicates an improvement of 5.3% from the year-ago quarter. While revenue growth is expected to have contributed to the company’s quarterly earnings, factors like losses on decommissioning trust investments on account of the shutdown of Pilgrim plant along with higher depreciation and interest expenses might have hurt the company’s bottom linein the soon-to-be reported quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.

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Wednesday, July 22


News

Entergy to Report Second Quarter 2020 Financial Results on July 29

ETR

Company leaders will conduct a conference call to discuss financial results at 10 a.m. CT the same day. Listen to a live webcast of the call at entergy.com/investors or by dialing (844) 309-6569 and use conference ID 5161259. From time to time, Entergy posts new and/or revised materials on its website and on social media and anticipates doing so in connection with this event. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas.

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Wednesday, June 10


News

Entergy (ETR) Up 7.7% Since Last Earnings Report: Can It Continue?

ETR

It has been about a month since the last earnings report for Entergy (ETR). Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Parent & Other: The segment incurred adjusted loss of 45 cents per share compared with a loss of 38 cents in the prior-year quarter, primarily due to higher income tax expenses resulting from the IRS settlement related to Hurricane Isaac Act 55 financing. In the reported quarter, total retail customers served by the company grew 0.6% to nearly 2.92 million.Financial HighlightsAs of Mar 31, 2020, Entergy had cash and cash equivalents of $955.8 million compared with $425.7 million as of Dec 31, 2019.Long-term debt was $16.94 billion as of Mar 31, 2020, compared with $17.1 billion as of Dec 31, 2019.

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Monday, May 11


News

Entergy: 1Q Earnings Snapshot

ETR

NEW ORLEANS (AP) _ Entergy Corp. (ETR) on Monday reported first-quarter earnings of $123.3 million. On a per-share basis, the New Orleans-based company said it had profit of 59 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share. Entergy expects full-year earnings in the range of $5.45 to $5.75 per share.

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Friday, March 20


News

Entergy Creates COVID-19 Emergency Relief Fund to Help Customers in Need

ETR

"The health and safety of our customers, employees and communities is Entergy's top priority," said Leo Denault, chairman and CEO of Entergy Corporation. I strongly encourage our business partners to join us in this effort." As devastating and disruptive as this crisis is for everyone, we know from past experience that those most heavily impacted are ALICE households (low-wage working families) and low-income elderly and disabled customers – roughly 40%-50% of Entergy's customer base. "We are working quickly to make funds available to community partners that serve vulnerable households to lessen the economic impact of the COVID-19 crisis and ensure that families have the resources they need to get by during this time of uncertainty." To support our most vulnerable customers, Entergy shareholders are committing $700,000 to the COVID-19 Emergency Relief Fund to help qualifying customers with basic needs such as food and nutrition, rent and mortgage assistance, and other critical needs until financial situations become more stable.

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  • Financial
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Tuesday, March 17


News

Hedge Funds Are Betting On Entergy Corporation (ETR)

ETR

Keeping this in mind, let's analyze whether Entergy Corporation (NYSE:ETR) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. While not all of these picks will be winners, our research shows that these picks historically outperformed the market when we factor in known risk factors. Video: Click the image to watch our video about the top 5 most popular hedge fund stocks. So, why do we pay attention to hedge fund sentiment before making any investment decisions? Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years.

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Tuesday, February 25


News

Charah Solutions Awarded Large-Scale Ash Marketing and Landfill Operations Contract by Entergy Utility Companies for Plants in Arkansas and Louisiana

ETR

Entergy Corporation (NYSE: ETR), an integrated energy company engaged primarily in electric power production and retail distribution operations, delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. As part of this agreement, Charah Solutions will be responsible for marketing fly ash and bottom ash from Entergy Louisiana’s Nelson Power Plant in Westlake, Louisiana; Entergy Arkansas Independence Power Plant in Newark, Arkansas; and Entergy Arkansas White Bluff Power Plant in Redfield, Arkansas. Over the next five years, the combined scope of work is anticipated to include over 2 million tons of fly and bottom ash sales for beneficial use, transported via truck and railcar to regional markets to supply the growing demand for concrete in the construction industry. The MultiSource materials network is a unique distribution system which provides a continuous and reliable supply of supplementary cementitious materials (SCMs) for ready mix concrete producers and other customers. As a sustainability leader in utility services for over 30 years, Charah Solutions is dedicated to preserving our natural resources in an environmentally-conscious manner through ash marketing projects. According to Scott Sewell, Charah Solutions President and CEO, "Charah Solutions is nationally recognized in the power generation industry as a total solutions company, providing unparalleled service and innovation to meet the evolving and increasingly complex needs of our utility partners. This is a great example of our unique ability to bundle our service offerings for utilities, providing both CCP and CCR solutions simultaneously."

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Wednesday, February 19


News

Entergy: 4Q Earnings Snapshot

ETR

Entergy: 4Q Earnings Snapshot. Associated Press{{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. NEW ORLEANS (AP) _ Entergy Corp. (ETR) on Wednesday reported fourth-quarter net income of $389.6 million, after reporting a loss in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. The power company posted revenue of $2.46 billion in the period. For the year, the company reported profit of $1.26 billion, or $6.30 per share.

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News

Entergy Corp (ETR) Q4 Earnings Beat Estimates, Sales Down Y/Y

ETR

Entergy Corp (ETR) Q4 Earnings Beat Estimates, Sales Down Y/Y. Further, the reported figure slipped 1.1% from the year-ago quarter’s $11 billion.Segment ResultsUtility: The segment’s quarterly adjusted earnings came in at $1.14 per share, in line with the prior-year quarter’s figure.Parent & Other: The segment incurred an adjusted loss of 46 cents per share compared with a loss of 44 cents in the prior-year quarter.Entergy Wholesale Commodities (EWC): The segment’s quarterly earnings came in at $1.08 per share against a loss of $2.04 in the year-ago quarter.Highlights of the ReleaseOperating expenses in the quarter summed $2.21 billion, down 19.2% from $2.74 billion in the year-ago quarter.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. Entergy Corporation price-consensus-eps-surprise-chart | Entergy Corporation Quote. 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.

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