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Jun 30, 2022

Entergy Q2 2022 Earnings Report

Entergy reported mixed second-quarter results due to regulatory charges and the sale of Palisades, while affirming its 2022 adjusted EPS guidance.

Key Takeaways

Entergy Corporation reported second quarter 2022 earnings per share of 78 cents on an as-reported basis and $1.78 on an adjusted basis (non-GAAP). The company affirmed its 2022 adjusted EPS guidance range of $6.15 to $6.45, and expects results to be in the top half of the range.

Higher retail sales were driven by customer growth and hot temperatures across our region.

Implementing several initiatives to improve affordability and customer experience.

Construction was completed on E-MS’s 100 MW Sunflower Solar Station.

Entergy completed the sale of Palisades, EWC’s last remaining nuclear asset.

Total Revenue
$3.4B
Previous year: $2.82B
+20.3%
EPS
$1.78
Previous year: $1.34
+32.8%
Gross Profit
$1.36B
Previous year: $1.12B
+21.4%
Cash and Equivalents
$580M
Previous year: $687M
-15.6%
Total Assets
$57.8B
Previous year: $55.9B
+3.4%

Entergy

Entergy

Entergy Revenue by Segment

Forward Guidance

Entergy affirmed its 2022 adjusted EPS guidance range of $6.15 to $6.45, and the company expects results to be in the top half of the range.

Revenue & Expenses

Visualization of income flow from segment revenue to net income