Entergy (ETR) Q3 Earnings Top Estimates

Company Performance - Entergy reported quarterly earnings of $2.99 per share, exceeding the Zacks Consensus Estimate of $2.91 per share, but down from $3.27 per share a year ago, representing an earnings surprise of 2.75% [1] - The company posted revenues of $3.39 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.02%, and down from $3.6 billion year-over-year [2] - Over the last four quarters, Entergy has surpassed consensus EPS estimates two times, but has not beaten consensus revenue estimates [2] Stock Performance - Entergy shares have increased approximately 32.8% since the beginning of the year, outperforming the S&P 500's gain of 21.9% [3] - The current Zacks Rank for Entergy is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.33 on $3 billion in revenues, and $7.21 on $12.2 billion in revenues for the current fiscal year [7] - The outlook for the Utility - Electric Power industry is currently in the top 39% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]