Entergy Q1 adjusted EPS meets estimates, 2026 outlook affirmed

Entergy

29/04/2026 11:41

Overview

U.S. utility's Q1 adjusted EPS rose yr/yr, meeting analyst expectations

Company affirmed 2026 adjusted EPS guidance and raised longer-term outlooks

Utility earnings growth driven by regulatory actions and plant investment returns, offset by higher costs

Outlook

Entergy affirms 2026 adjusted EPS guidance range of $4.25 to $4.45

Company raises longer-term outlooks but does not provide specific figures

Result Drivers

REGULATORY ACTIONS & PLANT INVESTMENT RETURNS - Utility earnings rose due to regulatory actions and returns on construction work in progress for certain plant investments

HIGHER INTEREST & DEPRECIATION - Gains were partially offset by higher interest expense and increased depreciation and amortization

INDUSTRIAL SALES GROWTH - Weather-adjusted retail sales increased 6% driven by a 14.9% rise in industrial volume, partially offset by declines in residential and commercial sales

Company press release: ID:nPnbbtJ0Ha

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Meet
$0.86
$0.86 (16 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for Entergy Corp is $120.00, about 6% above its April 28 closing price of $113.16

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)