Entergy Corporation reported first-quarter 2022 adjusted earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.38 by 4.3%. However, the company achieved revenues of $2.88 billion, surpassing expectations by 4.8%. Additionally, Entergy's cash and cash equivalents grew significantly to $701.6 million from $442.6 million in the previous quarter, while it affirmed its adjusted earnings guidance for the year, projecting between $6.15 and $6.45 per share.
“Entergy Corporation ETR · reported · first-quarter 2022 adjusted earnings · $1.32 per share”
“Entergy · reported · GAAP earnings · $1.36 per share”
“Entergy had cash and cash equivalents · was · $701.6 million · as of Mar 31, 2022”
“Entergy expects to generate adjusted earnings · in the range of · $6.15-$6.45 · for 2022”
“As of Mar 31, 2022, ETR had cash and cash equivalents of · $701.6 million · compared with $442.6 million as of Dec 31, 2021”
“Entergy Corporation · reported · first-quarter 2022 adjusted earnings · $1.32 per share”
“Entergy Corporation · missed · Zacks Consensus Estimate · $1.38”
“Entergy Corporation · first-quarter revenues · $2.88 billion · exceeded the Zacks Consensus Estimate of $2.75 billion by 4.8%”
“Entergy Corporation · held · Office of the Chief Executive Town Hall on Race and Equality · true”
“Entergy Corporation · had · 6,300 employees watch the town hall · 45% of its workforce”
“Entergy · reported quarterly earnings of · $1.32 per share · missed the Zacks Consensus Estimate of $1.38 per share”
“Entergy · reported earnings · $1.47 per share · a year ago”