ETR

Entergy Corp Q4 Profit Drops, Inline With Estimates

(RTTNews) - Entergy Corp (ETR) reported earnings for fourth quarter that decreased from the same period last year in line with the Street estimates.

The company's earnings came in at $106 million, or $0.51 per share. This compares with $259 million, or $1.28 per share, in last year's fourth quarter.

Excluding items, Entergy Corp reported adjusted earnings of $107 million or $0.51 per share for the period.

Analysts on average had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Entergy Corp earnings at a glance (GAAP) :

-Earnings (Q4): $106 Mln. vs. $259 Mln. last year. -EPS (Q4): $0.51 vs. $1.28 last year. -Analyst Estimates: $0.51

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.