Entergy's (ETR) Q2 Earnings Top Estimates, Revenues Rise Y/Y
ETREntergy(ETR) ZACKS·2024-08-02 00:36

Entergy Corporation (ETR) reported second-quarter 2024 adjusted earnings of 1.92pershare,whichbeattheZacksConsensusEstimateof1.92 per share, which beat the Zacks Consensus Estimate of 1.77 per share by 8.5%.The company reported GAAP earnings per share of 23 cents, down significantly from the year-ago quarter’s level of 1.84pershare.Theyearoveryeardeteriorationcanbeattributedtohigheroperatingexpensesaswellasinterestexpensesincurredinthesecondquarterof2024comparedtotheyearagoquarter.Q2RevenuesEntergyreportedrevenuesof1.84 per share.The year-over-year deterioration can be attributed to higher operating expenses as well as interest expenses incurred in the second quarter of 2024 compared to the year-ago quarter.Q2 RevenuesEntergy reported revenues of ...