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ENTERGY CORP /DE/ (ETR)

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Earnings summaries and quarterly performance for ENTERGY CORP /DE/.

Research analysts who have asked questions during ENTERGY CORP /DE/ earnings calls.

DA

David Arcaro

Morgan Stanley

6 questions for ETR

Also covers: AEP, AES, ATO +33 more
JT

Jeremy Tonet

JPMorgan Chase & Co.

5 questions for ETR

Also covers: AEE, AEP, AM +46 more
AW

Andrew Weisel

Scotiabank

4 questions for ETR

Also covers: AEP, BKH, CEG +13 more
Nicholas Campanella

Nicholas Campanella

Barclays

4 questions for ETR

Also covers: AEE, AEP, AES +32 more
SK

Sophie Karp

KeyBanc Capital Markets Inc.

4 questions for ETR

Also covers: AEE, AEP, AGR +14 more
AC

Anthony Crowdell

Mizuho Financial Group

3 questions for ETR

Also covers: AEE, AEP, AES +30 more
Julien Dumoulin-Smith

Julien Dumoulin-Smith

Jefferies

3 questions for ETR

Also covers: AEE, AEP, AES +58 more
PZ

Paul Zimbardo

Jefferies Financial Group Inc.

3 questions for ETR

Also covers: ATO, AWK, CEG +10 more
Steven Fleishman

Steven Fleishman

Wolfe Research

3 questions for ETR

Also covers: AEP, CEG, CNP +18 more
Angie Storozynski

Angie Storozynski

Seaport Research Partners

2 questions for ETR

Also covers: AGR, AWK, CEG +8 more
DP

David Paz

Wolfe Research, LLC

2 questions for ETR

Also covers: AEE, AEP, D +5 more
DN

Diana Niles

JPMorgan Chase & Co.

2 questions for ETR

Also covers: AEE, DUK, XEL
Michael Lonegan

Michael Lonegan

Evercore ISI

2 questions for ETR

Also covers: AEP, DTE, EIX +7 more
PP

Paul Patterson

Glenrock Associates

2 questions for ETR

Also covers: AEE, ES, EVRG +7 more
Ross Fowler

Ross Fowler

Bank of America

2 questions for ETR

Also covers: AEP, BKH, D +11 more
SP

Shahriar Pourreza

Guggenheim Partners

2 questions for ETR

Also covers: AEE, AEP, AVA +29 more
SP

Shar Pourreza

Wells Fargo

2 questions for ETR

Also covers: AEP, CNP, DTE +4 more
TM

Travis Miller

Morningstar

2 questions for ETR

Also covers: CMS, DTE, ES +10 more
AK

Alex Kania

Marathon Capital

1 question for ETR

Also covers: CQP, OPAL, SR
Bill Appicelli

Bill Appicelli

UBS

1 question for ETR

Also covers: CNP, ES, NEE +5 more
CL

Constantine Lednev

Wells Fargo

1 question for ETR

Also covers: OGE
KL

Konstantin Lednev

Guggenheim Partners

1 question for ETR

Also covers: CNP, DTE, EIX +4 more
PF

Paul Fremont

Ladenburg Thalmann

1 question for ETR

Also covers: AEE, CNP, CPK +18 more
RL

Ryan Levine

Citigroup

1 question for ETR

Also covers: AEP, AES, ATO +17 more
SD

Steve D'Ambrisi

RBC Capital Markets

1 question for ETR

Also covers: AEE, DUK, EVRG +3 more
Steve Fleishman

Steve Fleishman

Wolfe Research, LLC

1 question for ETR

Also covers: AEP, CEG, CNP +13 more
William Appicelli

William Appicelli

UBS

1 question for ETR

Also covers: AEE, AEP, CMS +10 more

Recent press releases and 8-K filings for ETR.

Entergy Corp reports Q4 2025 results and growth outlook
ETR
Earnings
Guidance Update
New Projects/Investments
  • Entergy reported 2025 adjusted EPS of $3.91, in the top half of its guidance, and expects >8% adjusted EPS annual growth through 2029.
  • Retail sales grew 4% in 2025, driven by 7% industrial sales, and the company forecasts 8% compound annual retail sales growth, led by 15% industrial growth through 2029.
  • The four-year capital plan through 2029 increased to $43 billion, with $11.6 billion slated for 2026; associated equity needs remain $4.4 billion (10–15% of capex).
  • In 2025, Moody’s cash flow from operations/debt exceeded 17%, S&P’s FFO/debt was 16%, and Entergy plans to monetize $215 million of nuclear PTCs in 2026.
Feb 12, 2026, 4:00 PM
Entergy reports Q4 2025 results and strong guidance
ETR
Earnings
Guidance Update
  • Entergy delivered $3.91 adjusted EPS in 2025, in the top half of guidance, with $5.2 B of operating cash flow.
  • Credit metrics remain robust, with Moody’s CFO pre-working capital to debt and S&P FFO to debt projected above agencies’ thresholds.
  • Company forecasts >8% adjusted EPS CAGR through 2029 underpinned by a $43 B capital plan, and 2026 adjusted EPS guidance of $4.25–$4.45.
Feb 12, 2026, 4:00 PM
Entergy reports FY 2025 results and growth outlook
ETR
Earnings
Guidance Update
New Projects/Investments
  • FY 2025 adjusted EPS of $3.91, top half of guidance; targets >8% adjusted EPS CAGR through 2029.
  • 4% retail sales growth (7% industrial) in 2025; forecasts 8% retail sales CAGR and 15% industrial growth through 2029, backed by ~3.5 GW of signed ESAs and a 7–12 GW data center pipeline.
  • Four-year customer-centric capital plan of $43 billion (through 2029); 2026 capex of $11.6 billion with $4.4 billion equity needs (45% contracted) and $1 billion in hybrids planned.
  • Strong credit metrics: Moody’s CFFO-FWC to debt > 17% and S&P FFO to debt ~ 16%, above thresholds; expects $215 million net from nuclear PTCs in 2026.
  • Entergy Louisiana filed to acquire Cottonwood Generating Station for $1.5 billion plus $300 million in improvements; decision expected by year-end, alongside Segno and Votaw Solar filings.
Feb 12, 2026, 4:00 PM
Entergy Corp reports Q4 2025 results
ETR
Earnings
Guidance Update
New Projects/Investments
  • Reported 2025 adjusted EPS of $3.91, top half of guidance; reaffirmed > 8% adjusted EPS CAGR through 2029.
  • Achieved 4% sales growth in 2025 (7% industrial); expects 8% retail CAGR (15% industrial) through 2029 with data center pipeline of 7–12 GW.
  • Committed $43 billion capital plan through 2029 (2026: $11.6 billion) with $4.4 billion equity; Moody’s CFO FWC/debt > 17%, S&P FFO/debt ≈ 16%.
  • Invested $8 billion in 2025 ($3.5 billion in energy delivery); advanced ~ 9 GW of new capacity toward 13 GW goal.
  • Secured regulatory approvals: Arkansas Generating Arkansas Jobs Act, Texas MISO capacity rider recovery, and Louisiana Lightning Initiative; filed for Cottonwood acquisition and renewable projects.
Feb 12, 2026, 4:00 PM
Entergy reports 2025 results and 2026 guidance
ETR
Earnings
Guidance Update
  • Entergy reported 4Q25 EPS of $0.51 (down from $0.65) and FY25 EPS of $3.91, up from $2.45 in FY24.
  • Utility segment earnings rose to $2,280 M (EPS $5.06) for FY25 from $1,827 M ($4.23) in FY24.
  • Parent & Other posted a FY25 loss of $521 M (EPS $(1.16)), compared with a $(771 M) loss (EPS $(1.79)) in FY24.
  • Entergy initiated 2026 adjusted EPS guidance of $4.25–$4.45.
Feb 12, 2026, 11:30 AM
Entergy Louisiana breaks ground on new generation facilities
ETR
New Projects/Investments
  • Entergy Louisiana broke ground on two combined-cycle combustion turbine plants in Richland Parish, adding 1,500 MW of efficient natural gas capacity to bolster reliability and support economic growth in north Louisiana.
  • The multi-billion-dollar Franklin Farms Power Station project will generate thousands of construction and technology jobs and is expected to be operational by late 2028.
  • Meta’s new data center will fully fund the required interconnection infrastructure under a 15-year agreement projected to deliver $650 million in customer savings and cut storm charges and resilience upgrade costs by around 10%.
  • The facilities will lower emissions, enable renewable integration, and enhance low-cost, reliable service for over 1.1 million Entergy Louisiana customers.
Dec 1, 2025, 8:12 PM
Entergy Corp issues $1.3B junior subordinated debentures due 2056
ETR
Debt Issuance
  • On November 4, 2025, Entergy agreed to underwrite $600 million Series 2025A and $700 million Series 2025B junior subordinated debentures due June 15, 2056; sale closed November 7, 2025.
  • Series 2025A bears 5.875% fixed interest through June 15, 2031, then resets every five years at the 5-year Treasury rate plus 2.179% (floor 5.875%).
  • Series 2025B bears 6.100% fixed interest through June 15, 2036, then resets every five years at the 5-year Treasury rate plus 2.013% (floor 6.100%).
  • The debentures rank subordinated to all senior indebtedness and include optional interest deferral up to 10 years and redemption features.
Nov 7, 2025, 4:04 PM
Entergy Louisiana and Energy Transfer sign 20-year gas transportation agreement
ETR
New Projects/Investments
  • Entergy Louisiana and Energy Transfer LP agreed to a 20-year natural gas firm transportation contract delivering 250,000 MMBtu/day from February 2028 through January 2048, with an option to expand capacity.
  • The supply will fuel Entergy Louisiana’s combined‐cycle combustion turbine facilities and support economic growth in Richland Parish, including Meta’s new hyperscale data center.
  • The project entails a 12-mile lateral addition to Energy Transfer’s Tiger Pipeline, increasing regional capacity by up to 1 Bcf/d.
  • This long‐term deal is incorporated into Entergy’s financial planning to ensure reliable, affordable energy and back regional development through 2048.
Nov 4, 2025, 9:15 PM
Entergy reports Q3 2025 earnings
ETR
Earnings
Guidance Update
New Projects/Investments
  • Adjusted EPS of $1.53 and operating cash flow of $2.1 billion in 3Q25.
  • Narrowed 2025 adjusted EPS guidance to $3.85–$3.95 and extended outlook through 2029, targeting > 8% CAGR in adjusted EPS.
  • Expanded growth pipeline, raising data center capacity target to 12 GW and securing 4.5 GW of power island equipment for large-scale projects.
Oct 29, 2025, 3:00 PM
Entergy reports Q3 2025 results
ETR
Earnings
Guidance Update
  • Reported adjusted EPS of $1.53 in Q3 2025.
  • Narrowed 2025 adjusted EPS guidance, raising the bottom by $0.10.
  • Achieved 4.5% weather-adjusted sales growth and over 7% industrial sales growth.
  • Affirmed all credit ratings and outlooks by S&P and Moody’s; monetized $535 million of nuclear PTCs for customer benefit.
  • Updated capital plan of $41 billion for 2026–2029 and maintains >8% EPS CAGR through 2029.
Oct 29, 2025, 3:00 PM