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Sep 30, 2020

Entergy Q3 2020 Earnings Report

Reported strong third quarter earnings, narrowed 2020 guidance range, and affirmed financial outlooks.

Key Takeaways

Entergy Corporation reported third quarter 2020 earnings of $2.59 per share on an as-reported basis and $2.44 per share on an adjusted basis (non-GAAP). The company narrowed its 2020 adjusted EPS guidance to a range of $5.60 to $5.70 from $5.45 to $5.75.

E-LA customers began to receive power from Capital Region Solar, the largest solar facility in Louisiana.

E-AR selected Walnut Bend Solar from its renewable RFP, and E-TX selected Liberty County Solar and Umbriel Solar from its renewable RFP.

The PUCT approved E-TX’s DCRF filing.

The CCNO approved a settlement agreement, resolving E-NO’s rate case appeal and FRP delay.

Total Revenue
$2.9B
Previous year: $3.14B
-7.5%
EPS
$2.44
Previous year: $2.52
-3.2%
Gross Profit
$1.42B
Previous year: $1.37B
+3.4%
Cash and Equivalents
$1.24B
Previous year: $956M
+29.7%
Total Assets
$56.1B
Previous year: $50.5B
+11.0%

Entergy

Entergy

Entergy Revenue by Segment

Forward Guidance

Entergy narrowed its 2020 adjusted EPS guidance to a range of $5.60 to $5.70 from $5.45 to $5.75.

Revenue & Expenses

Visualization of income flow from segment revenue to net income