Entergy (ETR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. On ...

NEW ORLEANS, Oct. 24, 2024 /PRNewswire/ -- Entergy will report its third-quarter 2024 financial results before the market opens Thursday, Oct. 31.Drew Marsh, chair and chief executive officer, Kimberly Fontan, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy's financial results at 10 a.m. Central time that day. The webcast may be accessed by visiting Entergy's website at entergy.com/investors or by dialing 888-440-4149, co ...

Retail industry veteran Seth Golden recently warned that, according to a widely used oscillator Williams %R, the S&P 500 has been overbought for an entire year. Golden, a hedge fund consultant who previously worked for household names such as Target and now-defunct Bed Bath & Beyond, pointed out that this is just the 23rd time in history that this has occurred. Based on historical data he shared in a post on X, he pointed out that when this happened, it continued the same trend for the rest of the year — po ...

Electric power utility is emerging as an industry promising gains in the long term. This space is set to see a massive acceleration in demand from artificial intelligence (AI)-driven data center growth, widespread adoption of electric vehicles (EV), and an increase in residential demand. Investors should closely watch the players in this industry with a long-term investment perspective. At this stage, we recommend five large-cap (market capital > $10 billion) electric power utility stocks with a favorable Z ...

Bill Abler moves to system planning leadership role NEW ORLEANS, Sept. 26, 2024 /PRNewswire/ -- Entergy today named Liz Hunter as vice president of investor relations, effective Oct. 1. Hunter will lead Entergy's interactions with the investment community and communicate the company's strategy and progress towards creating long-term sustainable value for its stakeholders. She will report to Kimberly Fontan, executive vice president and chief financial officer. "Liz has consistently delivered results through ...

Veteran executive concludes chapter on decades-long career with the company NEW ORLEANS, Sept. 26, 2024 /PRNewswire/ -- Entergy announced today that Rod West, group president of utility operations, will retire following more than 25 years of exemplary leadership and service to the company, effective Jan. 31, 2025. Beginning Nov. 1, West will serve as a strategic advisor to Entergy's Chair and CEO, Drew Marsh, and the company's executive team, to ensure a well-planned transition that continues to prioritize ...

Entergy Corporation's (ETR) continuous capital investments to upgrade distribution and transmission are likely to strengthen its infrastructure, which would help enhance its performance. Given its growth opportunities, ETR makes for a solid investment option in the Utility sector. Currently, the company carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. ETR's Growth Projections The Zacks Consensus Estimate for ETR's 2024 earnings per share (EPS) indicates year-over-year gro ...

Crescent will lead the development of the carbon capture and sequestration ("CCS") project for Entergy Corporation's (NYSE: ETR) 994 MW Lake Charles Power Station in Westlake, Louisiana The completed project would be one of the country's largest CCS projects, capturing annual commercial carbon dioxide ("CO2") emissions equivalent to 600,000 motor vehicles The project, which is being done in partnership with SAMSUNG E&A and will use Honeywell capture technology, seeks to construct a carbon capture facility a ...

Through energy bill assistance and essential resources, Entergy has helped customers in need stay safe during the severe summer heat NEW ORLEANS, Sept. 19, 2024 /PRNewswire/ -- With soaring high temperatures this summer, Entergy donated $3 million to help its low-income customers become more energy efficient and save money on their energy bills. Through Entergy's "Beat the Heat" program, customers received bill payment assistance, fans, energy efficiency kits, home weatherization and invaluable support from ...

Lower interest rates stimulate the economy primarily by lowering lending rates. The stock market and interest rates have an inverse relationship whereby rising interest rates lead to falling share prices. That phenomenon was on display throughout 2022 and 2023. The opposite phenomenon also holds true whereby lower interest rates increase share prices. It looks like we are headed towards such an environment with the Federal Reserve strongly hinting that the first rate cuts in 4 years are coming in September. ...