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Mar 31, 2021

Entergy Q1 2021 Earnings Report

Entergy reported a strong first quarter, successfully executing on several fronts and reaching settlements on important issues, reducing risk and solidifying a clear path for future growth.

Key Takeaways

Entergy Corporation reported first quarter earnings per share of $1.66 on an as-reported basis and $1.47 on an adjusted basis (non-GAAP). The company affirmed its 2021 adjusted EPS guidance range of $5.80 to $6.10.

Entergy Louisiana, Entergy Arkansas, and Entergy Texas issued RFPs for up to 500, 300, and 200 megawatts of renewable resources, respectively.

Entergy Arkansas resolved its formula rate plan, including a five-year extension.

Entergy Louisiana reached an agreement on a three-year extension of its formula rate plan.

Entergy and Holtec filed a joint settlement agreement among all parties with the NY PSC for the sale of Indian Point.

Total Revenue
$2.85B
Previous year: $2.43B
+17.2%
EPS
$1.47
Previous year: $1.14
+28.9%
Gross Profit
$1.21B
Previous year: $1.06B
+14.4%
Cash and Equivalents
$1.74B
Previous year: $1.46B
+19.0%
Total Assets
$58.7B
Previous year: $52.6B
+11.6%

Entergy

Entergy

Entergy Revenue by Segment

Forward Guidance

Entergy affirmed its 2021 adjusted EPS guidance range of $5.80 to $6.10.

Revenue & Expenses

Visualization of income flow from segment revenue to net income