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

Entergy (NYSE:ETR) posted its quarterly earnings results on Wednesday. The utilities provider reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02, Zacks reports. The business had revenue of $3.52 billion for 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 business 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 Price Performance

ETR opened at $108.04 on Thursday. Entergy has a fifty-two week low of $86.40 and a fifty-two week 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 50-day moving average of $112.46 and a 200 day moving average of $108.21. The firm has a market cap of $49.47 billion, a P/E ratio of 27.56, a PEG ratio of 1.92 and a beta of 0.50.

More Entergy News

Here are the key news stories impacting Entergy this week:

• Positive Sentiment: Entergy reported second-quarter adjusted and as-reported EPS of $1.03, ahead of the $1.01 consensus estimate, while revenue of $3.52 billion also exceeded expectations. Weather-adjusted retail sales increased 5.7%, led by a 9.9% rise in industrial demand. Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year
• Positive Sentiment: Management highlighted grid investment and regulatory progress, including an approximately $200 million Texas Energy Fund grant for electric reliability. The company also completed a $2.175 billion common-stock offering with a forward component to support its growth program. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
• Neutral Sentiment: Entergy affirmed its 2026 adjusted EPS guidance of $4.25 to $4.45, compared with the roughly $4.40 analyst consensus. Maintaining the outlook supports visibility but does not provide the upward revision investors may have wanted. Entergy Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier, with higher operating costs and interest expense weighing on results. Entergy’s Parent & Other segment posted a $143 million loss, or $0.31 per share, partly offsetting $1.34 per-share utility earnings. Entergy Q2 2026 Earnings Call Transcript
• Negative Sentiment: The sizable common-stock financing may increase liquidity for capital spending but also raises dilution concerns, particularly as Entergy continues funding significant grid and generation projects.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ETR. UBS Group reissued a “buy” rating and issued a $135.00 price target (up from $131.00) on shares of Entergy in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of Entergy from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. BTIG Research reiterated a “buy” rating and issued a $126.00 target price on shares of Entergy in a report on Wednesday, June 10th. Citigroup reissued a “neutral” rating and set a $121.00 price target (up from $116.00) on shares of Entergy in a research report on Tuesday, May 5th. Finally, Argus upped their price objective on shares of Entergy from $100.00 to $118.00 and gave the stock a “buy” rating in a research report on Monday, April 6th. Seventeen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Entergy presently has a consensus rating of “Moderate Buy” and an average target price of $121.05.

Insider Buying and Selling at Entergy

In related news, insider Haley Fisackerly sold 10,638 shares of Entergy stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total value of $1,170,180.00. Following the completion of the sale, the insider owned 14,182 shares of the company’s stock, valued at approximately $1,560,020. This trade represents a 42.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Entergy

Several large investors have recently modified their holdings of ETR. Caitong International Asset Management Co. Ltd purchased a new position in Entergy in the 4th quarter valued at approximately $40,000. Osterweis Capital Management Inc. purchased a new stake in shares of Entergy during the second quarter worth $52,000. DV Equities LLC bought a new stake in shares of Entergy during the 4th quarter valued at $57,000. Greenline Wealth Management LLC purchased a new stake in Entergy during the 4th quarter worth about $73,000. Finally, Transamerica Financial Advisors LLC boosted its stake in Entergy by 192.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 790 shares of the utilities provider’s stock worth $73,000 after purchasing an additional 520 shares during the period. Hedge funds and other institutional investors own 88.07% of the company’s stock.

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.