Financial Data and Key Metrics Changes - Entergy reported strong financial performance in 2024, achieving adjusted earnings per share growth in the top half of their guidance range and a quarterly dividend per share increase of approximately 6% [15][16] - The company effectuated a two-for-one stock split, which reflects confidence in its financial health and future growth prospects [15] Business Line Data and Key Metrics Changes - Entergy experienced significant industrial customer growth, particularly from hyperscale data centers, with agreements signed in Mississippi and Louisiana [11][28] - The company brought more than 700 megawatts of solar resources online in 2024, enhancing its renewable energy portfolio [12] Market Data and Key Metrics Changes - Entergy's industrial sales growth guidance is projected at 12% to 13% compound annual growth through 2028, indicating strong demand in the industrial sector [30] - The company is actively engaged in discussions for additional data center projects, with a pipeline of 5 to 10 gigawatts not currently forecasted [28] Company Strategy and Development Direction - Entergy is focused on enhancing resilience and storm responses, with over $2 billion approved for resilience investments in Louisiana, Texas, and New Orleans [13][32] - The company aims to foster growth in its service territory while investing in cleaner, more reliable, and resilient energy solutions [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to manage tariff impacts, estimating a manageable effect of approximately 1% on their $37 billion four-year capital plan [33] - The outlook remains positive, with expected double-digit industrial sales growth and an adjusted earnings per share compound annual growth rate above 8% through 2028 [16] Other Important Information - Entergy's commitment to corporate social responsibility resulted in an economic impact of over $153 million for customers and communities in 2024 [13] - The company played a significant role in community engagement, particularly through its partnership in the Super Bowl 59 host committee, contributing over $3.5 million in grants to local nonprofits [14] Q&A Session Summary Question: How much opportunity do data centers present to Entergy over the next few years? - Data centers represent a major growth opportunity, with agreements already in place and a project pipeline of 5 to 10 gigawatts [28] Question: Where do you see the most growth coming from over the next couple of years? - Growth is expected primarily from the industrial customer segment, particularly data centers and traditional industrial segments [30] Question: How is infrastructure hardening for hurricanes going? - Progress is being made with an accelerated resilience program and over $2 billion approved for upgrades [32] Question: What is the range of impact that you see tariffs having on Entergy's operations? - Tariff impacts are estimated to be manageable, primarily affecting the capital plan with an estimated impact of about 1% [33] Question: How is the use of artificial intelligence changing how Entergy operates? - Entergy is implementing AI solutions to improve customer service and field operations, enhancing responsiveness and reliability [36]

Financial Performance - Entergy Corporation reported a consolidated net income of $1.2 billion for the fiscal year, representing a 15% increase compared to the previous year[1]. - Entergy's net income attributable to the corporation increased to $360.76 million in Q1 2025 from $75.28 million in Q1 2024, representing a growth of 379%[34]. - Consolidated net income for Q1 2025 was $362,422 thousand, significantly higher than $76,536 thousand in Q1 2024, marking an increase of 373.5%[92]. - Basic earnings per share rose to $0.84 in Q1 2025, compared to $0.18 in Q1 2024, reflecting a substantial increase of 366.7%[90]. - Operating revenues for the Utility segment rose to $2.83 billion in Q1 2025, up from $2.77 billion in Q1 2024, reflecting a 2% increase[37]. - Total electric energy sales increased by 13% for residential customers, reaching 8,784 GWh in Q1 2025 compared to 7,758 GWh in Q1 2024[42]. - Industrial electric sales grew by 9%, totaling 13,833 GWh in Q1 2025, driven by increased demand from large industrial customers[42]. - Operating revenues for Q1 2025 increased to $2,846,874 thousand, up from $2,794,628 thousand in Q1 2024, representing a growth of approximately 1.9%[90]. - Utility net income for Q1 2025 was $491,042, significantly up from $195,980 in Q1 2024, indicating a year-over-year increase of about 150%[194]. Investment and Growth Strategy - Entergy expects to invest approximately $20 billion over the next five years in infrastructure improvements and renewable energy projects to support its growth strategy[1]. - The company is targeting a reduction in carbon emissions by 50% by 2030, with plans to increase its renewable energy capacity to 7,000 MW by 2025[1]. - Entergy's capital expenditures for the upcoming year are projected to be around $4 billion, focusing on grid modernization and reliability enhancements[1]. - The company has initiated a new technology development program aimed at improving energy efficiency, with an expected annual savings of $100 million[1]. - Entergy is exploring potential acquisitions to expand its market presence, particularly in the renewable energy sector, with a focus on solar and wind projects[1]. Regulatory and Market Challenges - Entergy is actively engaged in discussions regarding rate cases that could impact future revenue streams, with potential outcomes expected in the next quarter[1]. - Entergy faces potential disruptions due to cybersecurity threats, which could lead to operational control loss and data loss, impacting financial performance[26]. - The company is affected by geopolitical events, including trade tensions and military activities, which may result in increased costs and reduced electricity demand from commercial customers[26]. - The company must navigate regulatory delays and increased regulations that could affect its business operations and financial condition[26]. Financial Health and Debt Management - Entergy's debt to capital ratio increased to 66.7% as of March 31, 2025, compared to 65.3% at the end of 2024[58]. - The company issued $400 million of 5.75% Series mortgage bonds in May 2024 and $750 million of 5.80% Series mortgage bonds in January 2025[55]. - Entergy Corporation has a credit facility with a borrowing capacity of $3 billion, with $2,996 million available as of March 31, 2025[60]. - The company has $1,330 million of commercial paper outstanding as of March 31, 2025, with a weighted-average interest rate of 4.66% for the three months ended March 31, 2025[62]. - Long-term debt rose to $28,264,879 thousand in 2025, up from $26,613,505 thousand in 2024, indicating an increase of about 6.2%[102]. Operational Efficiency and Cost Management - Other operation and maintenance expenses decreased from $681 million in Q1 2024 to $662 million in Q1 2025, a reduction of 2.8%[43]. - The effective income tax rate for Q1 2025 was 21.6%, slightly higher than the 21.5% rate in Q1 2024[49][50]. - Entergy's ability to attract and retain skilled management and employees is crucial for executing its growth strategy[26]. - Future wage and employee benefits costs are expected to rise, influenced by changes in discount rates and returns on benefit plan assets[26]. Customer and Market Dynamics - The company achieved a customer growth rate of 3% year-over-year, with a total of 3 million customers served across its utility segments[1]. - The demand for electricity from hyperscale data centers is critical, with potential risks of stranded assets if demand declines[26]. - Entergy Arkansas filed for an energy cost rate increase from $0.00882 per kWh to $0.01333 per kWh, effective April 2025, due to projected increases in natural gas prices[121]. Future Outlook and Strategic Initiatives - Entergy's long-term financial guidance includes an annual earnings growth rate of 5-7% through 2025, supported by strategic investments and operational efficiencies[1]. - Entergy Arkansas is constructing Lake Catherine Unit 5, a 446 MW hydrogen-capable facility, expected to be operational by the end of 2028, pending regulatory approvals[66]. - Entergy Louisiana is seeking approval for three new combined cycle combustion turbine generation resources totaling 2,262 MW, with a corporate sustainability rider for future solar and energy storage resources[67]. - Entergy Texas filed an application for the construction of the Legend Power Station (754 MW) and Lone Star Power Station (453 MW), both expected to be operational by mid-2028, pending regulatory approval[71].

Financial Data and Key Metrics Changes - The company reported adjusted earnings per share (EPS) of $0.82 for Q1 2025, maintaining guidance for a compound annual growth rate of over 8% for adjusted EPS during the outlook period [5][32]. - Weather-adjusted retail sales growth was strong at 5.2%, with industrial sales increasing by 9.3%, driven by customer additions and expansions [33]. Business Line Data and Key Metrics Changes - The industrial sales increase was the largest contributor to overall sales growth, reflecting robust demand from new and expanding customers [33]. - The company is executing a capital plan to support strong customer growth and improve reliability and resilience, with significant projects underway, including the Orange County Advanced Power Station, which is 70% complete [10][11]. Market Data and Key Metrics Changes - The Gulf South region remains attractive for industrial investments due to low power costs, robust infrastructure, and a business-friendly environment, with significant announcements from Hyundai Motor Group, CF Industries, and Woodside [6][7][8]. - The data center pipeline remains strong, with ongoing discussions for projects in the 5 to 10 gigawatt range [9]. Company Strategy and Development Direction - The company aims to create value for all stakeholders, focusing on customer growth through new customer announcements and regulatory outcomes [5][6]. - The company is exploring potential capacity upgrades at existing facilities, including a 40-megawatt increase at Waterford Three and a total of approximately 275 megawatts across other nuclear plants [12]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting 2025 guidance, citing a productive start to the year and strong interest from industrial customers despite macroeconomic uncertainties [5][31]. - The company believes tariff impacts are manageable, estimating a 1% effect on its $37 billion four-year capital plan, with ongoing cost management efforts to mitigate potential impacts [22][23]. Other Important Information - The company is in discussions to renew an NRC early site permit for a potential new nuclear facility at Grand Gulf, which expires in April 2027 [12]. - The company announced leadership changes, with Kimberly Cook Nelson moving into the COO role and John Donnelli becoming the chief nuclear officer [27]. Q&A Session Summary Question: Is Arkansas fully competitive for data centers? - Management confirmed that Arkansas is now fully competitive and is engaging with potential customers in the state [43][44]. Question: Update on financing and equity needs? - Management indicated that there hasn't been a substantial change in the timing of equity needs, with credit metrics expected to improve [45][46]. Question: Drivers behind residential sales growth? - Management noted that residential sales are expected to grow about 1% for the full year, with overall sales projected at about 5.5% [53]. Question: Impact of macroeconomic uncertainty on industrial activity? - Management highlighted that industrial customers have shown resilience and continue to make long-term investment decisions despite short-term volatility [55][56]. Question: Update on large load customer service capabilities? - Management stated that they have positions in queues to provide generation to potential customers, with opportunities expected to ramp up in 2028 and 2029 [66]. Question: Financial impacts of recent legislative changes? - Management explained that new legislation in Arkansas allows for earlier recovery of costs, which will benefit customers, while Texas legislation focuses on risk management [108][109]. Question: How does Woodside's FID decision affect data center customer timelines? - Management indicated that the company can continue to serve data centers and large customers, with ongoing opportunities despite construction timelines [112][114]. Question: Changes in contracting strategy with large load customers? - Management confirmed that their contracting strategy remains largely unchanged, leveraging existing frameworks to adapt to current market conditions [138].

Core Viewpoint - Entergy Corporation (ETR) reported strong first-quarter 2025 earnings, significantly exceeding expectations, driven by higher retail sales and reduced operational expenses [1][4]. Financial Performance - ETR's earnings per share (EPS) for Q1 2025 was 82 cents, surpassing the Zacks Consensus Estimate of 62 cents by 32.3%, and showing a remarkable increase of 355.6% from 18 cents in the same quarter last year [1]. - The company's revenues for Q1 2025 were $2.85 billion, which fell short of the Zacks Consensus Estimate of $3.01 billion by 6%, but represented a 1.9% increase from the previous year [2]. Segment Analysis - The Utility segment reported earnings of $1.11 per share, up from 46 cents in Q1 2024, while the Parent & Other segment posted a loss of 29 cents per share, slightly worsening from a loss of 28 cents in the prior year [3]. Operational Highlights - Operating expenses decreased to $2.15 billion, down 16% from $2.56 billion in the prior-year quarter, while operating income rose to $700 million, a 194.2% increase from $240 million year-over-year [4]. - Total interest expenses increased to $3.30 million, up 23.4% from $2.67 million in the same period of 2024 [4]. - As of March 31, 2025, Entergy served 3.04 million retail customers, reflecting a 0.7% increase [4]. Financial Position - Entergy's cash and cash equivalents stood at $1.51 billion as of March 31, 2025, compared to $0.86 billion at the end of 2024 [5]. - Long-term debt increased to $28.26 billion from $26.61 billion as of December 31, 2024 [5]. - Cash generated from operating activities in the first three months of 2025 was $536.2 million, slightly up from $521.1 million in the same period of 2024 [5]. Guidance - Entergy reaffirmed its financial guidance for 2025, expecting adjusted earnings in the range of $3.75 to $3.95 per share, with the current Zacks Consensus Estimate at $3.88 per share [6].

First quarter 2025 earnings call 0 April 29, 2025 Caution regarding forward-looking statements and Regulation G compliance In this presentation, and from time to time, Entergy Corporation makes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy's 2025 earnings guidance; financial and operational outlooks; industrial load growth outlooks; statements regarding ...

Financial Data and Key Metrics Changes - The company reported adjusted earnings per share (EPS) of $0.82 for Q1 2025, maintaining guidance for a greater than 8% adjusted EPS compound annual growth rate [5][32] - Weather-adjusted retail sales growth was strong at 5.2%, with industrial sales increasing by 9.3% [33] Business Line Data and Key Metrics Changes - Industrial sales growth was driven by new customer additions and increased usage, reflecting a robust demand environment [33] - The company is executing a capital plan to support strong customer growth and improve reliability and resilience [9][10] Market Data and Key Metrics Changes - The Gulf South region remains attractive for industrial investments due to low power costs and robust infrastructure [8] - The company is in discussions for potential data center projects, with a pipeline in the five to 10 gigawatt range [9] Company Strategy and Development Direction - The company aims to create value for stakeholders, focusing on customer growth through new customer announcements and regulatory outcomes [5][6] - The company is exploring capacity upgrades at existing facilities and has plans for new nuclear facilities, indicating a long-term commitment to energy diversification [12][104] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting 2025 guidance, citing strong customer interest and ongoing discussions with hyperscale developers [5][31] - The company believes tariff impacts are manageable, estimating a 1% impact on its $37 billion four-year capital plan [22][24] Other Important Information - The company is progressing on major projects, including the Orange County Advanced Power Station, which is 70% complete and on schedule [10] - Recent legislative changes in Arkansas and Texas are expected to facilitate faster recovery of costs and support economic development [19][20][108] Q&A Session Summary Question: Is Arkansas competitive for data centers? - Management believes Arkansas is now fully competitive and is engaging with potential customers [43][44] Question: Update on financing and equity needs? - There hasn't been a substantial change in equity timing, and credit metrics remain strong [45][46] Question: Drivers behind residential sales growth? - Residential sales are expected to grow about 1% for the full year, with overall sales projected at 5.5% [53] Question: Impact of macroeconomic uncertainty on industrial activity? - The company has seen over 5% growth in industrial sales for over 15 years, indicating resilience despite economic fluctuations [55] Question: Update on large load customer service timelines? - The company has positions in queues to provide generation to potential customers, with opportunities expected to ramp up in 2028 and 2029 [66] Question: Financial impacts of recent legislative changes? - Arkansas legislation allows for earlier recovery of costs, which will benefit customers, while Texas legislation focuses on risk management [108][109] Question: Changes in contracting strategy with large customers? - The company has not significantly changed its contracting strategy, leveraging existing frameworks to adapt to current market conditions [138]

Entergy (ETR) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.26%. A quarter ago, it was expected that this power company would post earnings of $0.63 per share when it actually produced earnings of $0.66, delivering a surprise of 4.76%.Over the last four quarters, the company has ...

[Financial Highlights and Business Update](index=1&type=section&id=Financial%20Highlights%20and%20Business%20Update) Entergy reported strong Q1 2025 results with increased EPS, affirmed full-year guidance, and key regulatory progress Q1 2025 Earnings Per Share Summary | (After-tax, per share in $) | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | As-reported earnings | $0.82 | $0.18 | $0.64 | | Adjusted earnings (non-GAAP) | $0.82 | $0.54 | $0.28 | - The company affirmed its 2025 adjusted earnings per share guidance range of **$3.75 to $3.95**[16](index=16&type=chunk) - Approval in Texas to place **$137 million** of transmission investments into rates[4](index=4&type=chunk) - Favorable legislation in Arkansas for generation and transmission investment recovery[4](index=4&type=chunk) - Final approval for the sale of Entergy Louisiana's gas distribution business[4](index=4&type=chunk) - Completion of an approximately **$1.5 billion** common stock offering[4](index=4&type=chunk) [Consolidated Financial Performance](index=2&type=section&id=Consolidated%20Financial%20Performance) Entergy reported consolidated Q1 2025 earnings of **$361 million**, a substantial increase from prior year, primarily driven by the Utility segment Consolidated Earnings (GAAP vs. Non-GAAP) | (After-tax, $ in millions) | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | As-reported earnings | 361 | 75 | 285 | | Adjusted earnings (non-GAAP) | 361 | 230 | 131 | Consolidated Operating Cash Flow | ($ in millions) | Q1 2025 | Q1 2024 | Change | | :--- | :--- | :--- | :--- | | Consolidated OCF | 536 | 521 | 15 | [Business Segment Performance](index=2&type=section&id=Business%20Segment%20Performance) The Utility business was the primary driver of earnings growth, reporting adjusted earnings of **$490 million**, while the Parent & Other segment reported a slightly larger loss [Utility](index=2&type=section&id=Utility) Utility segment earnings increased to **$490 million** in Q1 2025, driven by higher sales volume and regulatory actions, partially offset by increased expenses Utility Earnings Attributable to Entergy Corp. | ($ in millions) | Q1 2025 (Adjusted) | Q1 2024 (Adjusted) | Change | | :--- | :--- | :--- | :--- | | Earnings | 490 | 350 | 140 | - Primary drivers for the Utility segment's earnings increase were higher retail sales volume, including weather impacts, net effect of regulatory actions across operating companies, and lower other O&M expenses[11](index=11&type=chunk) - The earnings increase was partially offset by higher interest expense, as well as higher depreciation and amortization[10](index=10&type=chunk) [Parent & Other](index=4&type=section&id=Parent%20%26%20Other) The Parent & Other segment reported an adjusted loss of **$(129) million** for Q1 2025, representing a slightly wider loss compared to the prior year Parent & Other Loss Attributable to Entergy Corp. | (metric) | Q1 2025 (Adjusted) | Q1 2024 (Adjusted) | | :--- | :--- | :--- | | Loss ($ in millions) | (129) | (120) | | Loss per share ($) | (0.29) | (0.28) | [Appendices](index=7&type=section&id=Appendices) The appendices provide detailed financial information, including GAAP to non-GAAP reconciliations, earnings variance analysis, and key operating metrics [A: Consolidated results and adjustments](index=9&type=section&id=A%3A%20Consolidated%20results%20and%20adjustments) This section details the reconciliation of as-reported to adjusted earnings, noting **no adjustments** in Q1 2025 versus **$(155) million** in Q1 2024 Q1 2024 Adjustments (After-tax) | Driver | Impact ($ in millions) | | :--- | :--- | | E-AR write-off of a regulatory asset | (97) | | E-NO increase in customer sharing of income tax benefits | (57) | | **Total Adjustments** | **(155)** | [B: Earnings variance analysis](index=13&type=section&id=B%3A%20Earnings%20variance%20analysis) This appendix details the drivers of the **$0.28** increase in adjusted consolidated EPS from Q1 2024 to Q1 2025, primarily from operating revenue Adjusted EPS Variance Analysis (Q1 2024 vs Q1 2025) | Driver | Consolidated EPS Impact ($) | | :--- | :--- | | **2024 Adjusted EPS** | **0.54** | | Operating revenue less certain costs | 0.47 | | Other O&M | 0.02 | | Interest expense | (0.11) | | Other (net) | (0.10) | | **2025 Adjusted EPS** | **0.82** | [C: Utility operating and financial measures](index=16&type=section&id=C%3A%20Utility%20operating%20and%20financial%20measures) This section presents key Utility operating metrics, showing total retail electricity sales increased by **8.1%** (or **5.2%** weather-adjusted), led by industrial customer growth Utility GWh Sold by Customer Class (Q1 2025 vs Q1 2024) | Customer Class | % Change | % Weather-adjusted Change | | :--- | :--- | :--- | | Residential | 13.2% | 4.5% | | Commercial | 0.3% | (1.1)% | | Industrial | 9.3% | 9.3% | | **Total Retail** | **8.1%** | **5.2%** | [D: Consolidated financial measures](index=17&type=section&id=D%3A%20Consolidated%20financial%20measures) This appendix shows key consolidated financial metrics, with Adjusted ROE improving to **11.5%** and gross liquidity increasing to **$5.9 billion** Key Financial Measures (as of March 31) | Measure | 2025 | 2024 | | :--- | :--- | :--- | | Adjusted ROE (LTM) | 11.5% | 10.4% | | FFO to adjusted debt (LTM, non-GAAP) | 14.5% | 13.4% | | Gross liquidity ($M, non-GAAP) | 5,858 | 5,540 | | Net liquidity ($M, non-GAAP) | 7,904 | 4,380 | [E: Definitions and abbreviations and acronyms](index=18&type=section&id=E%3A%20Definitions%20and%20abbreviations%20and%20acronyms) This section provides definitions for various operating, GAAP, and non-GAAP financial measures, along with a comprehensive list of abbreviations and acronyms - Provides definitions for key terms and non-GAAP measures used internally and for investors, including **Adjusted EPS**, **Adjusted ROE**, **FFO to adjusted debt**, and **Gross/Net Liquidity**[60](index=60&type=chunk) - Includes a comprehensive list of abbreviations such as **E-AR** (Entergy Arkansas), **LPSC** (Louisiana Public Service Commission), and **FRP** (Formula Rate Plan)[61](index=61&type=chunk) [F: Other GAAP to non-GAAP reconciliations](index=20&type=section&id=F%3A%20Other%20GAAP%20to%20non-GAAP%20reconciliations) This appendix offers detailed quantitative reconciliations for key non-GAAP financial measures, bridging GAAP figures to metrics like Adjusted ROE and FFO to adjusted debt - Reconciles As-reported net income to Adjusted earnings to calculate **Adjusted ROE** (**11.5%** for LTM Q1 2025)[64](index=64&type=chunk) - Reconciles Net cash flow from operating activities to FFO and Total debt to Adjusted debt to calculate **FFO to adjusted debt** (**14.5%** for LTM Q1 2025)[64](index=64&type=chunk) - Provides reconciliations for various debt and liquidity metrics, including **Adjusted debt to adjusted capitalization** (**65%** at Q1 2025) and **Net Liquidity** (**$7.9 billion** at Q1 2025)[65](index=65&type=chunk) [Financial Statements](index=22&type=section&id=Financial%20Statements) This section includes the unaudited consolidating financial statements for Q1 2025, presenting the Balance Sheet, Income Statement, and Cash Flow Statement [Consolidating Balance Sheet](index=22&type=section&id=Consolidating%20Balance%20Sheet) As of March 31, 2025, Entergy's consolidated balance sheet showed total assets of **$66.6 billion**, total liabilities of **$51.3 billion**, and total equity of **$15.3 billion** Consolidated Balance Sheet Highlights (March 31, 2025) | ($ in billions) | Amount | | :--- | :--- | | Total Assets | $66.6 | | Total Liabilities | $51.3 | | Total Equity | $15.3 | [Consolidating Income Statement](index=26&type=section&id=Consolidating%20Income%20Statement) For Q1 2025, Entergy generated total operating revenues of **$2.85 billion** and reported a consolidated net income of **$362 million**, a significant improvement from prior year Consolidated Income Statement Highlights (Three Months Ended March 31) | ($ in millions) | 2025 | 2024 | | :--- | :--- | :--- | | Operating Revenues | 2,847 | 2,795 | | Operating Income | 700 | 238 | | Net Income | 362 | 77 | [Consolidated Cash Flow Statement](index=33&type=section&id=Consolidated%20Cash%20Flow%20Statement) For Q1 2025, net cash from operating activities was **$536 million**, with increased cash used in investing and substantial cash provided by financing activities Consolidated Cash Flow Highlights (Three Months Ended March 31) | ($ in millions) | 2025 | 2024 | | :--- | :--- | :--- | | Net cash from operating activities | 536 | 521 | | Net cash used in investing activities | (1,710) | (1,288) | | Net cash from financing activities | 1,828 | 1,929 | | **Net increase in cash** | **654** | **1,162** |

Core Insights - Entergy Corporation reported first quarter 2025 earnings per share of 82 cents, significantly up from 18 cents in the same period of 2024, reflecting a productive start to the year and confidence in future opportunities [1][3][10] Financial Performance - The company achieved consolidated earnings of $361 million in Q1 2025, compared to $75 million in Q1 2024, marking a substantial increase of $285 million [2][3][28] - Adjusted earnings for Q1 2025 were $361 million, or 82 cents per share, up from $230 million, or 54 cents per share, in Q1 2024, indicating a year-over-year increase of $131 million [2][3][28] - The estimated weather impact on earnings was positive at $22 million in Q1 2025, compared to a negative impact of $26 million in Q1 2024, resulting in a net change of $48 million [2][28] Business Segments - The Utility segment reported earnings of $490 million, or $1.11 per share, in Q1 2025, compared to $195 million, or 46 cents per share, in Q1 2024, driven by higher retail sales volume and regulatory actions [5][28] - The Parent & Other segment reported a loss of $129 million, or 29 cents per share, in Q1 2025, slightly worse than the loss of $120 million, or 28 cents per share, in Q1 2024 [9][28] Regulatory and Investment Highlights - Entergy Texas received approval for $137 million in transmission investments, while Entergy Louisiana secured approvals for significant transmission projects [6] - The company completed a $1.5 billion common stock offering, enhancing its financial flexibility [6] Guidance and Outlook - Entergy affirmed its 2025 adjusted earnings per share guidance range of $3.75 to $3.95, indicating a positive outlook for the year [10][11]

Core Viewpoint - Entergy is set to report its first quarter 2025 financial results on April 29, 2025, before the market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a live webcast at 10 a.m. Central time on the same day [2] - Presentation materials will be available on Entergy's website prior to the market opening on the day of the call [3] - An archived replay of the webcast will be accessible on Entergy's Investor Relations website [3] Group 2: Company Overview - Entergy produces, transmits, and distributes electricity to approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas [4] - The company is focused on growth, reliability, and resilience of its energy system while maintaining affordable energy rates [4] - Entergy is investing in cleaner energy generation, including modern natural gas, nuclear, and renewable energy sources [4] - The company contributes over $100 million annually in economic benefits to the communities it serves through various initiatives [4] - Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, employing around 12,000 individuals [4]