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Sep 30, 2024

Entergy Q3 2024 Earnings Report

Entergy reported strong Q3 2024 earnings, driven by operational, regulatory, resilience, and growth achievements.

Key Takeaways

Entergy Corporation reported third quarter earnings per share of $2.99 on both an as-reported and an adjusted (non-GAAP) basis. The company narrowed its 2024 adjusted EPS guidance range to $7.15 to $7.35 (pre-split) and updated longer-term outlooks.

Entergy narrowed its 2024 adjusted EPS guidance range to $7.15 to $7.35 (pre-split) and updated longer-term outlooks.

E-LA filed for approval of significant new transmission and generation investment to support a new large customer.

E-MS announced plans to build its first new natural gas power station in 50 years.

Entergy's Board of Directors approved a two-for-one stock split of Entergy's common stock, effective with trading starting December 13, 2024.

Total Revenue
$3.39B
Previous year: $3.6B
-5.8%
EPS
$2.99
Previous year: $3.27
-8.6%
Gross Profit
$1.77B
Previous year: $1.79B
-1.1%
Cash and Equivalents
$1.41B
Previous year: $1.52B
-7.1%
Free Cash Flow
$4.63M
Previous year: $276M
-98.3%
Total Assets
$64.5B
Previous year: $60.6B
+6.5%

Entergy

Entergy

Entergy Revenue by Segment

Forward Guidance

Entergy narrowed its 2024 adjusted EPS guidance to a range of $7.15 to $7.35 (pre-split).

Revenue & Expenses

Visualization of income flow from segment revenue to net income