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

Entergy (NYSE:ETR) announced its quarterly earnings data on Wednesday. The utilities provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.02, Zacks reports. The business had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.49 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same period in the prior year, the company earned $1.05 EPS. Entergy updated its FY 2026 guidance to 4.250-4.450 EPS.

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

• Entergy reaffirmed its 2026 adjusted EPS guidance and outlook through 2030 after reporting second-quarter adjusted EPS of $1.03. Results were slightly below the prior year as weather was closer to normal, although retail sales excluding weather grew, led by 10% industrial sales growth.
• Data-center demand remains a major growth driver, with Entergy citing 7–12 gigawatts of hyperscale potential and 3–5 gigawatts of traditional industrial interest. Management said inquiries have increased since Investor Day, though much of the new demand remains at the indication-of-interest stage.
• Entergy said its Fair Share Plus contracting approach protects existing customers by requiring data centers to cover their incremental and fixed costs; signed agreements are expected to generate approximately $7 billion in customer bill benefits, alongside grid and community investments.
• The company continues to pursue grid resilience and reliability investments, including a planned Louisiana Phase 1A accelerated resilience filing and more than $337 million in Entergy Texas resilience projects supported in part by a $200 million state grant. Management said the staging is intended to manage near-term customer affordability rather than reduce the long-term investment need.
• Entergy expects third-quarter other operating and maintenance expense to be approximately $0.05–$0.10 higher year over year, while higher interest expense, taxes, depreciation, and share count pressured second-quarter results. The company also acknowledged ongoing regulatory and community risks, including a data-center moratorium in New Orleans and unresolved customer-risk considerations surrounding the proposed Cottonwood acquisition and potential new nuclear development.

Entergy Trading Down 2.1%

Shares of Entergy stock traded down $2.33 on Wednesday, hitting $109.99. The stock had a trading volume of 1,012,342 shares, compared to its average volume of 3,105,296. The stock has a 50 day moving average of $112.54 and a 200 day moving average of $108.09. Entergy has a twelve month low of $86.40 and a twelve month high of $118.44. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.73 and a current ratio of 0.96. The firm has a market capitalization of $50.36 billion, a P/E ratio of 28.08, a PEG ratio of 1.94 and a beta of 0.50.

Trending Headlines about Entergy

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy earned $1.03 per share, exceeding analyst estimates of $1.01 and the Zacks consensus of $0.94. Revenue rose to $3.52 billion, ahead of the $3.49 billion consensus. Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year
• Positive Sentiment: Weather-adjusted retail sales increased 5.7%, led by a 9.9% jump in industrial volumes. The results reinforce the investment case around rising power demand from industrial customers and data centers. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
• Positive Sentiment: Management affirmed its 2026 adjusted EPS outlook of $4.25 to $4.45, broadly consistent with the $4.40 analyst consensus, reducing the risk of a near-term guidance reset. Entergy also highlighted grid investment and regulatory progress, including an approximately $200 million Texas Energy Fund grant. Entergy Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component to fund growth and infrastructure. The financing strengthens liquidity but could dilute existing shareholders and increase supply of the stock.
• Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier to $1.03, as higher operating costs and interest expense offset improved sales. Parent and Other posted a $143 million loss, while the company continues to carry substantial leverage.

Insider Buying and Selling

In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the sale, the insider directly owned 14,182 shares of the company’s stock, valued at $1,560,020. The trade was a 42.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Entergy

A number of hedge funds have recently modified their holdings of ETR. Caitong International Asset Management Co. Ltd bought a new position in Entergy during the 4th quarter worth $40,000. Osterweis Capital Management Inc. bought a new stake in shares of Entergy in the 2nd quarter valued at about $52,000. DV Equities LLC acquired a new stake in shares of Entergy in the fourth quarter valued at about $57,000. Greenline Wealth Management LLC bought a new position in shares of Entergy during the fourth quarter worth about $73,000. Finally, Transamerica Financial Advisors LLC lifted its stake in shares of Entergy by 192.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 790 shares of the utilities provider’s stock worth $73,000 after acquiring an additional 520 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

Analyst Upgrades and Downgrades

ETR has been the subject of a number of research reports. Citigroup reissued a “neutral” rating and issued a $121.00 target price (up from $116.00) on shares of Entergy in a report on Tuesday, May 5th. Truist Financial set a $127.00 price objective on shares of Entergy and gave the stock a “buy” rating in a research report on Friday, May 29th. Argus increased their price objective on shares of Entergy from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Monday, April 6th. BMO Capital Markets boosted their target price on shares of Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Mizuho set a $122.00 price target on shares of Entergy and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Seventeen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $121.05.

About Entergy

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.