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Mar 31

Entergy Q1 2025 Earnings Report

Entergy reported a strong start to 2025 with solid EPS and revenue growth.

Key Takeaways

Entergy posted solid results for Q1 2025, with earnings growth driven by stronger retail sales and positive regulatory developments.

Reported adjusted EPS of $0.82, in line with guidance.

Net income reached $361 million for the quarter.

Revenue reported at approximately $2.85 billion.

Affirmed 2025 adjusted EPS guidance of $3.75 to $3.95.

Total Revenue
$2.85B
Previous year: $2.79B
+2.0%
EPS
$0.82
Previous year: $1.08
-24.1%
Operating Cash Flow
$536M
Previous year: $521M
+2.9%
Weather Adjusted Retail Sales
5.2%
Gross Profit
$882M
Previous year: $245M
+259.7%
Cash and Equivalents
$1.51B
Previous year: $1.29B
+16.8%
Total Assets
$66.6B
Previous year: $62B
+7.4%

Entergy

Entergy

Forward Guidance

Entergy reaffirmed its 2025 adjusted EPS guidance, anticipating steady earnings growth supported by regulatory mechanisms and strong retail demand.

Positive Outlook

  • Affirmed 2025 adjusted EPS range of $3.75 to $3.95.
  • Strong industrial load growth expected to continue.
  • Equity needs into 2027 fully contracted.
  • Retail sales momentum remains positive.
  • Credit metrics remain within or above agency thresholds.

Challenges Ahead

  • Higher interest expense anticipated for the full year.
  • Expected share dilution from unsettled equity forwards.
  • Potential regulatory lag in rate case filings.
  • Inflationary pressures impacting O&M costs.
  • Higher depreciation and ad valorem taxes in the second half.