Entergy reported a solid first quarter with increased earnings driven by regulatory actions and utility plant investments. The company affirmed its full-year guidance and raised longer-term outlooks, signaling confidence in its operational and financial trajectory.
Adjusted earnings per share increased to $0.86 from $0.82 in the prior year, driven by regulatory actions and utility plant investments.
positiveUtility business reported increased earnings attributable to Entergy Corporation of $540 million, or $1.17 per share, up from $490 million, or $1.11 per share, in the prior year.
positiveOperating cash flow increased to $829 million from $536 million in the prior year, primarily due to higher advance payments and customer collections.
positiveAffirmed 2026 adjusted earnings per share guidance range of $4.25 to $4.45.
neutralParent & Other reported a loss of $(141 million), or $(0.31) per share, on an adjusted basis, an increase from a loss of $(129 million), or $(0.29) per share, in the prior year, driven by higher interest expense and an impairment charge.
attentionHigher interest expense and higher depreciation and amortization partially offset earnings increases in the Utility business.
attentionDiluted average number of common shares outstanding increased, primarily due to equity forward settlements and the dilutive effect of stock price increases on unsettled equity forwards, impacting EPS.
attentionMargin metrics will be available once backend extracts data from insights_json
| Metric | Value | Period | Specificity | vs Prior |
|---|---|---|---|---|
| adjusted_eps_outlook | on track | 2026 | directional | New |
| retail_sales_growth | eight and a half percent | through 2029 | point | New |
| capital_plan | $57 billion | four-year | point | New |
| equity_need | $6.6 billion | four-year plan | point | New |
| adjusted_eps_outlook | 20 cents higher | next year | directional | New |
| adjusted_eps_outlook | 50 cents | 2029 | point | New |
| adjusted_eps_growth | 12% | 2028 to 2029 | point | New |
$15 billion · four-year plan
Net Debt to Adjusted EBITDA: 1x to 1.5x
funded by debt offering proceeds
$6.6 billion · four-year plan
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
It’s shaping up to be another exciting year.
We announced another major hyperscale agreement in Louisiana that includes an additional estimated $2 billion of savings for retail customers consistent with our Fair Share Plus pledge.
The fundamentals of our company have never been stronger, and we continue to work diligently to deliver real value to our stakeholders.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.