Entergy reports second quarter 2025 financial results

Core Viewpoint - Entergy Corporation reported strong second quarter 2025 earnings, affirming its guidance and raising outlooks for 2027-2028, indicating confidence in future growth and operational performance [1][9]. Financial Performance - The company reported second quarter 2025 earnings of $468 million, or $1.05 per share, compared to $49 million, or $0.11 per share in the same quarter of 2024, reflecting a significant increase [3][29]. - Adjusted earnings for the second quarter 2025 were $468 million, or $1.05 per share, up from $411 million, or $0.96 per share in the second quarter of 2024, marking a $57 million increase [2][3]. - Year-to-date earnings for 2025 reached $829 million, or $1.87 per share, compared to $124 million, or $0.29 per share in 2024, showing a substantial improvement [2][3]. Business Segments - The Utility business segment reported earnings of $599 million, or $1.34 per share, for the second quarter 2025, compared to $441 million, or $1.03 per share in the same quarter of 2024 [5][27]. - The Parent & Other segment reported a loss of $(131) million, or $(0.29) per share, for the second quarter 2025, an improvement from a loss of $(392) million, or $(0.91) per share in the second quarter of 2024 [10][27]. Operational Highlights - Entergy's capital plan was updated, and the company completed the sale of its natural gas distribution businesses in New Orleans and Louisiana [9]. - Entergy Texas received approval for $188 million in distribution investments, and Entergy Louisiana reached a settlement to support a new large customer [9]. - The company celebrated the 40th anniversary of its Waterford 3 and Grand Gulf nuclear plants, emphasizing its commitment to clean energy [9]. Customer and Sales Metrics - Total retail sales increased by 3.2% in the second quarter 2025, driven by a significant rise in industrial usage, particularly in primary metals and technology sectors [41][42]. - Residential sales, however, declined by 6.9%, indicating a mixed performance across customer segments [41][42]. Future Outlook - Entergy affirmed its 2025 adjusted earnings per share guidance range of $3.75 to $3.95, reflecting confidence in continued operational success [12][13].