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Mar 31, 2022

Entergy Q1 2022 Earnings Report

Reported strong first quarter earnings, affirmed guidance and financial outlooks.

Key Takeaways

Entergy Corporation reported first quarter earnings per share of $1.36 on an as-reported basis and $1.32 on an adjusted basis (non-GAAP). The company had a strong start for 2022 and continued to make important operational, strategic, and financial progress across the business.

E-LA completed an $86M transmission upgrade in Lafourche Parish, improving the resilience and reliability of the local power grid.

E-LA completed a $100M transmission improvement project in north Louisiana that will increase resilience and reliability and provide economic benefits.

E-TX selected several resources from its 2021 solar RFP totaling at least 400 megawatts of capacity.

The LPSC approved cost recovery and financing for E-LA’s 2020 storms, including a $290 million storm reserve as well as $1 billion escrow designated for Hurricane Ida costs.

Total Revenue
$2.88B
Previous year: $2.85B
+1.2%
EPS
$1.32
Previous year: $1.47
-10.2%
Gross Profit
$1.22B
Previous year: $1.21B
+0.5%
Cash and Equivalents
$702M
Previous year: $1.74B
-59.7%
Total Assets
$59.8B
Previous year: $58.7B
+2.0%

Entergy

Entergy

Entergy Revenue by Segment

Forward Guidance

Entergy affirmed its 2022 adjusted EPS guidance range of $6.15 to $6.45.

Revenue & Expenses

Visualization of income flow from segment revenue to net income