Entergy (NYSE:ETR) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• Entergy reported Q1 adjusted EPS of $0.86, topping analysts' consensus (~$0.84) and revenue of $3.19B (vs. ~$3.08B), and updated FY‑2026 guidance to $4.25–$4.45 per share while raising multi‑year sales and EPS outlooks driven by stronger retail and data‑center demand.
• The company signed a new electric service agreement with Meta valued at about $2 billion, filed for more than $15 billion of related capital (including 7 CCCTs, transmission and batteries), and says Meta payments will cover the costs—supporting sustained load growth.
• Entergy boosted its four‑year capital plan to $57 billion (a $14B increase) with projected equity needs near the low end (~$6.6B) and management expects credit metrics to remain above rating thresholds, though rising costs and interest expense could pressure margins and free‑cash‑flow.

Entergy (NYSE:ETR - Get Free Report) released its earnings results on Wednesday. The utilities provider reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.02, Zacks reports. Entergy had a net margin of 13.66% and a return on equity of 10.89%. The business had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $3.08 billion. During the same quarter in the previous year, the company earned $0.82 earnings per share. Entergy updated its FY 2026 guidance to 4.250-4.450 EPS.

Here are the key takeaways from Entergy's conference call:

• Entered a new electric service agreement with Meta that the company says carries a fair‑share value of about $2 billion (part of Entergy’s stated $7 billion customer benefit estimate). The company filed for more than $15 billion of related capital (including 7 CCCTs, transmission and batteries), says Meta payments will cover the cost, and raised its sales and adjusted EPS outlooks as a result.
• Reported first‑quarter adjusted EPS of $0.86, reaffirmed 2026 guidance, and increased multi‑year adjusted EPS outlooks driven by an updated retail sales projection of about 8.5% CAGR through 2029 and 16% industrial growth.
• The four‑year capital plan rose to $57 billion (a $14B increase); Entergy says equity needs are at the low end of its 10–15% target (~$6.6B), with roughly 30% already contracted and management projecting credit metrics (FFO/debt ≥15%) remain above rating thresholds.
• Customer growth momentum remains strong with >1,000 MW of ESAs signed so far this year, a 7–12 GW pipeline of prospective data centers not yet in the plan, active RFPs for >1,600 MW of renewables/storage and ~4,500 MW in negotiation—supporting sustained long‑term load growth.

Entergy Stock Up 1.4%

ETR stock opened at $114.70 on Thursday. The company has a current ratio of 0.74, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The firm has a 50-day moving average of $109.08 and a two-hundred day moving average of $100.20. Entergy has a 12 month low of $79.40 and a 12 month high of $117.95. The company has a market cap of $52.51 billion, a price-to-earnings ratio of 29.34, a PEG ratio of 2.24 and a beta of 0.57.

Entergy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 1st will be issued a $0.64 dividend. The ex-dividend date is Friday, May 1st. This represents a $2.56 dividend on an annualized basis and a yield of 2.2%. Entergy's dividend payout ratio is presently 65.47%.

Entergy News Roundup

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Revenue and demand strength — Entergy reported Q1 revenue of $3.19B, ahead of consensus (~$3.08B), driven by a surge in data‑center demand and stronger retail sales that helped lift profit. Utility Entergy posts higher first-quarter profit on strong data center demand
• Positive Sentiment: Guidance affirmed and longer‑term outlooks raised — Entergy reiterated FY‑2026 EPS guidance of $4.25–4.45 and said it raised its longer‑term outlook, which supports forward earnings visibility. Entergy reports first quarter 2026 financial results
• Neutral Sentiment: Year-over-year EPS improvement — Adjusted Q1 EPS of $0.86 improved from $0.82 a year ago, showing operating progress even though it missed expectations. Entergy Q1 results and materials
• Negative Sentiment: EPS miss versus estimates — Adjusted EPS of $0.86 missed the consensus/Zacks estimates (~$0.89–$0.90), which likely held back upside for the quarter. Entergy (ETR) Q1 Earnings Miss Estimates
• Negative Sentiment: Rising costs and interest expense pressure margins — Several writeups note that higher operating costs and interest expenses weighed on results and offset some of the benefit from stronger demand. This is a watch item for margin and free‑cash‑flow guidance going forward. Industrial Demand Surge & Retail Sales Growth Drive ETR's Q1 Earnings

Insider Buying and Selling at Entergy

In other news, EVP John C. Dinelli sold 5,372 shares of the company's stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $103.95, for a total value of $558,419.40. Following the completion of the sale, the executive vice president directly owned 23,609 shares in the company, valued at $2,454,155.55. This represents a 18.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Entergy

A number of institutional investors have recently added to or reduced their stakes in ETR. Aristotle Capital Management LLC grew its holdings in shares of Entergy by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 2,280 shares of the utilities provider's stock valued at $211,000 after purchasing an additional 96 shares during the period. Moneta Group Investment Advisors LLC purchased a new position in Entergy during the third quarter worth about $208,000. Van Diest Capital LLC purchased a new position in Entergy during the fourth quarter worth about $207,000. Bridgefront Capital LLC acquired a new position in Entergy in the 4th quarter valued at about $203,000. Finally, M&G PLC purchased a new stake in shares of Entergy in the 4th quarter valued at approximately $159,000. Hedge funds and other institutional investors own 88.07% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ETR. Siebert Williams Shank began coverage on Entergy in a report on Tuesday, January 20th. They issued a "buy" rating and a $109.00 price objective on the stock. Barclays reissued an "overweight" rating and set a $119.00 target price (up from $118.00) on shares of Entergy in a report on Monday, April 20th. TD Cowen initiated coverage on Entergy in a research report on Friday, January 9th. They issued a "buy" rating and a $108.00 target price on the stock. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $123.00 price target on shares of Entergy in a research note on Tuesday, April 21st. Finally, Seaport Research Partners cut Entergy from a "buy" rating to a "neutral" rating in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $113.74.

Entergy Company Profile

Entergy Corporation NYSE: ETR is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company's operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy's generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.

Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.