Entergy (NYSE:ETR – Get Free Report) announced its quarterly earnings results on Wednesday. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02, Zacks reports. Entergy had a return on equity of 10.75% and a net margin of 13.48%.The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.49 billion. During the same period in the previous year, the company posted $1.05 earnings per share. Entergy updated its FY 2026 guidance to 4.250-4.450 EPS.
Here are the key takeaways from Entergy’s conference call:
- Entergy reaffirmed its 2026 adjusted EPS guidance and outlook through 2030 after reporting second-quarter adjusted EPS of $1.03. Results were slightly below the prior year as weather was closer to normal, although retail sales excluding weather grew, led by 10% industrial sales growth.
- Data-center demand remains a major growth driver, with Entergy citing 7–12 gigawatts of hyperscale potential and 3–5 gigawatts of traditional industrial interest. Management said inquiries have increased since Investor Day, though much of the new demand remains at the indication-of-interest stage.
- Entergy said its Fair Share Plus contracting approach protects existing customers by requiring data centers to cover their incremental and fixed costs; signed agreements are expected to generate approximately $7 billion in customer bill benefits, alongside grid and community investments.
- The company continues to pursue grid resilience and reliability investments, including a planned Louisiana Phase 1A accelerated resilience filing and more than $337 million in Entergy Texas resilience projects supported in part by a $200 million state grant. Management said the staging is intended to manage near-term customer affordability rather than reduce the long-term investment need.
- Entergy expects third-quarter other operating and maintenance expense to be approximately $0.05–$0.10 higher year over year, while higher interest expense, taxes, depreciation, and share count pressured second-quarter results. The company also acknowledged ongoing regulatory and community risks, including a data-center moratorium in New Orleans and unresolved customer-risk considerations surrounding the proposed Cottonwood acquisition and potential new nuclear development.
Entergy Price Performance
Entergy stock traded down $2.75 during midday trading on Wednesday, reaching $109.57. The company had a trading volume of 1,209,687 shares, compared to its average volume of 3,107,061. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.96 and a quick ratio of 0.73. Entergy has a 12-month low of $86.40 and a 12-month high of $118.44. The company has a market capitalization of $50.17 billion, a P/E ratio of 27.97, a P/E/G ratio of 1.94 and a beta of 0.50. The firm’s fifty day simple moving average is $112.54 and its 200-day simple moving average is $108.09.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on ETR
Insider Buying and Selling
In other Entergy news, insider Haley Fisackerly sold 10,638 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the transaction, the insider owned 14,182 shares of the company’s stock, valued at $1,560,020. This represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.
Institutional Trading of Entergy
Several large investors have recently made changes to their positions in the company. Morgan Stanley lifted its holdings in Entergy by 22.9% in the 4th quarter. Morgan Stanley now owns 10,651,436 shares of the utilities provider’s stock valued at $984,512,000 after purchasing an additional 1,986,369 shares in the last quarter. Raymond James Financial Inc. grew its stake in Entergy by 89.6% during the 4th quarter. Raymond James Financial Inc. now owns 3,866,426 shares of the utilities provider’s stock valued at $357,415,000 after acquiring an additional 1,826,782 shares in the last quarter. Zimmer Partners LP purchased a new stake in Entergy during the 4th quarter valued at about $153,616,000. Electron Capital Partners LLC raised its holdings in Entergy by 214.6% in the 3rd quarter. Electron Capital Partners LLC now owns 1,539,709 shares of the utilities provider’s stock valued at $143,485,000 after acquiring an additional 1,050,233 shares during the last quarter. Finally, State Street Corp raised its holdings in Entergy by 4.4% in the 4th quarter. State Street Corp now owns 24,356,461 shares of the utilities provider’s stock valued at $2,251,268,000 after acquiring an additional 1,018,503 shares during the last quarter. 88.07% of the stock is currently owned by hedge funds and other institutional investors.
Entergy News Summary
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Entergy earned $1.03 per share, exceeding analyst estimates of $1.01 and the Zacks consensus of $0.94. Revenue rose to $3.52 billion, ahead of the $3.49 billion consensus. Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year
- Positive Sentiment: Weather-adjusted retail sales increased 5.7%, led by a 9.9% jump in industrial volumes. The results reinforce the investment case around rising power demand from industrial customers and data centers. Entergy Reports Second Quarter Earnings and Affirms 2026 Guidance
- Positive Sentiment: Management affirmed its 2026 adjusted EPS outlook of $4.25 to $4.45, broadly consistent with the $4.40 analyst consensus, reducing the risk of a near-term guidance reset. Entergy also highlighted grid investment and regulatory progress, including an approximately $200 million Texas Energy Fund grant. Entergy Reports Second Quarter 2026 Financial Results
- Neutral Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component to fund growth and infrastructure. The financing strengthens liquidity but could dilute existing shareholders and increase supply of the stock.
- Negative Sentiment: Quarterly EPS declined from $1.05 a year earlier to $1.03, as higher operating costs and interest expense offset improved sales. Parent and Other posted a $143 million loss, while the company continues to carry substantial leverage.
About Entergy
Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.
Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.
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