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Cantor Fitzgerald Investment Advisors L.P. purchased a new position in Entergy Corporation (NYSE: ETR) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,000 shares of the utilities provider's stock, valued at approximately $596,000. Other institutional investors have also added to

Company marks occasion with anniversary webpage highlighting projects over the years

, /PRNewswire/ -- Entergy is commemorating the 25th anniversary of its Environmental Initiatives Fund, marking a milestone in a long history of environmental commitment that began well before sustainability became a corporate trend.

For a quarter century, Entergy's EIF has exemplified the company's early and ongoing leadership in environmental stewardship. Established in 2001 as a shareholder-funded grant program, the EIF represents a proactive approach to protecting natural resources, reducing emissions, restoring habitats and strengthening community resilience across Arkansas, Louisiana, Mississippi and Texas. Over its 25-year history, Entergy shareholders have invested nearly $45 million in community-based environmental improvements across the region.

"Reaching 25 years of the Environmental Initiatives Fund is more than marking time; it's a reaffirmation of a commitment our shareholders embraced long before sustainability was in the spotlight," said John Weiss, vice president of sustainability and environmental policy. "The EIF has allowed us to support meaningful projects that improve local ecosystems, strengthen communities and advance environmental progress throughout our service area."

In 2025 alone, the EIF provided $1 million in shareholder-funded support to 11 partner organizations working in areas such as wetland restoration, tree planting, biodiversity education and green infrastructure development. These efforts complement Entergy's broader environmental initiatives, including long-term climate commitments, coastal restoration partnerships and decades of community-focused conservation work.

This anniversary highlights a broader legacy in climate action for Entergy. In 2001 — the same year the EIF launched — Entergy became the first U.S. utility to voluntarily limit its carbon emissions, signaling a level of environmental responsibility uncommon at the time. Two decades later, Entergy operates one of the cleanest large-scale power generation fleets in the United States and is a nationally recognized leader in sustainability, reinforcing the company's long-term commitment to climate action, environmental reporting and performance across key sustainability indicators.

Anniversary webpage highlights progress, partnerships

To mark the 25-year milestone, Entergy has introduced a commemorative webpage featuring:

A video message from Entergy sustainability leadership
An interactive map showcasing highlighted projects across the service area
Profiles of partner organizations across the service region

Learn more about the Environmental Initiatives Fund's 25-year impact and explore the anniversary content at Entergy.com/Environment/EIF.

About Entergy

Entergy (NYSE: ETR) generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We're also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at Entergy.com and connect with @Entergy on social media.

SOURCE Entergy Corporation

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.

We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.

The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.

The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.

The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.

In fact, when we combined a Zacks Rank #3 (Hold) or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time. Perhaps most importantly, using these parameters has helped produce 28.3% annual returns on average, according to our 10 year backtest.

Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.

Should You Consider Xcel Energy?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Xcel Energy (XEL - Free Report) earns a #3 (Hold) right now and its Most Accurate Estimate sits at $1.35 a share, just 16 days from its upcoming earnings release on October 29, 2026.

By taking the percentage difference between the $1.35 Most Accurate Estimate and the $1.33 Zacks Consensus Estimate, Xcel Energy has an Earnings ESP of +1.50%. Investors should also know that XEL is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

XEL is just one of a large group of Utilities stocks with a positive ESP figure. Entergy (ETR - Free Report) is another qualifying stock you may want to consider.

Entergy, which is readying to report earnings on November 4, 2026, sits at a Zacks Rank #2 (Buy) right now. Its Most Accurate Estimate is currently $1.71 a share, and ETR is 22 days out from its next earnings report.

The Zacks Consensus Estimate for Entergy is $1.64, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +4.59%.

Because both stocks hold a positive Earnings ESP, XEL and ETR could potentially post earnings beats in their next reports.

Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>

For Immediate ReleaseChicago, IL – October 7, 2026 – Today, Zacks Equity as Entergy Corp. (ETR - Free Report) , FirstEnergy Corp. (FE - Free Report) , CenterPoint Energy (CNP - Free Report) and PPL Corp. (PPL - Free Report) .

Industry: Utilities

Link: https://www.zacks.com/commentary/3001209/4-utility-stocks-to-buy-as-electric-power-industry-continues-to-grow

The Zacks Utility-Electric Power industry participants generate, transmit and distribute electricity to millions of customers across the United States. Utilities are gradually shifting toward cleaner energy sources and reducing carbon emissions, supported by government policies promoting cleaner power generation. At the same time, companies continue to modernize the grid and strengthen transmission and distribution networks to improve reliability. With hurricanes posing a recurring threat, sustained infrastructure investments are also enhancing grid resilience, reducing outage durations and supporting faster restoration of electricity following severe storms.

Entergy Corp., with an expanding clean energy portfolio, a growing customer base, solid renewable operations and a well-planned capital investment program aimed at strengthening infrastructure, remains well positioned for long-term growth and offers an attractive investment opportunity in the utility sector. Other utilities worth adding to your portfolio are FirstEnergy Corp., CenterPoint Energy and PPL Corp.

About the IndustryThe Utility-Electric Power industry is responsible for generating, transmitting, distributing, storing and retailing electricity to consumers. Demand for utility services generally remains resilient across economic cycles, although extreme weather conditions can cause fluctuations in electricity consumption. The industry is also undergoing a major transformation as more utilities pursue zero-emission targets and expand cleaner generation portfolios. 

Meanwhile, rising internet usage, increasing electric vehicle adoption, industrial reshoring and rapid growth in artificial intelligence are expected to drive substantial electricity demand, given the high-power requirements of AI-related workloads. However, elevated interest rates remain a key challenge for this capital-intensive industry by increasing financing costs for large infrastructure projects.

3 Major Trends Driving the Electric Power Industry ForwardUtilities Ramp Up Renewable Energy Expansion: U.S. electric power operators are steadily shifting toward cleaner sources of generation. According to the U.S. Energy Information Administration (“EIA”), renewables are projected to account for 25% of U.S. electricity generation in 2026, up from 24% in 2025, and rise further to 27% in 2027, supported by continued additions of solar and wind capacity. 

The Inflation Reduction Act is expected to reinforce this transition by providing greater long-term certainty around federal clean energy incentives. This predictable policy support can improve earnings visibility and strengthen utilities’ decarbonization plans. At the same time, the expansion of large-scale battery storage projects is supporting renewable deployment by helping manage the intermittent nature of solar and wind generation.

Increasing Consumption and Prices for Electricity: Per the EIA, consumption of electricity is expected to increase in the United States. Consumption is expected to increase 2% in 2026 from 2025 levels and further increase 2% in 2027. Utility demand is strengthening as AI-focused data centers drive round-the-clock electricity consumption, while reshoring of semiconductor, battery and robotics manufacturing adds to industrial power requirements. At the same time, increasing adoption of electric vehicles and heat pumps is lifting electricity usage and encouraging continued investment in generation capacity and grid infrastructure.

Per EIA, the price of average electricity to be provided to customers in the industrial, commercial and residential sectors will increase 4.4%, 4.3% and 5.2%, respectively, in 2026. The same trend is expected to continue in 2027 as well, boosting revenues of the companies operating in this space.

Higher Rates to Raise Financing Costs for Utilities: A 25-basis-point increase in interest rates and the possibility of one more rate hike before year-end can pressure domestic-focused, capital-intensive regulated electric utilities by raising borrowing costs for large infrastructure and grid modernization programs. Higher financing expenses may weigh on earnings and cash flows, particularly for companies with sizable debt-funded capital plans. Although regulated utilities can seek recovery of prudent costs through future rate cases, the timing lag between spending and recovery can temporarily pressure returns and financial flexibility.

Zacks Industry Rank Indicates Bright ProspectsThe group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates upbeat near-term prospects. The 62-stock Utility-Electric Power industry is housed within the broader Zacks Utilities sector and currently carries a Zacks Industry Rank #112, which places it in the top 45% of more than 247 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.

The industry’s positioning in the top 50% of the Zacks Rank industries is a result of a positive earnings outlook for the constituent companies in aggregate. The industry’s recent earnings estimate of $3.13 as of Oct. 5, 2026, reflects year-over-year growth of 2.6%.

Before we present a few Utility-Electric Power stocks that you may want to consider for your portfolio, let us take a look at the industry’s recent stock-market performance and current valuation.

Electric Power Industry Lags S&P 500 But Beats SectorThe Utility-Electric Power industry has lagged the Zacks S&P 500 but outperformed its own sector over the past 12 months. The industry has lost 3.3%, narrower than its sector’s 4.9% decline. The Zacks S&P 500 composite has gained 16.1% in the same period.

Electric Power Industry's Current ValuationThe P/E F12M (Price/Earnings Forward 12 months) ratio is particularly useful for valuing electric power utilities, as their regulated operations produce reliable and consistent earnings. It provides a simple way to determine whether a stock is fairly valued compared with the industry peers.

The Utility-Electric Power industry is trading at 13.63X compared with the S&P 500’s 19.76X and the Utility sector’s 14.21X.

Over the past five years, the industry has traded as high as 17.43X, as low as 11.92X and at the median of 14.67X.

4 Utility-Electric Power Stocks to Watch and AccumulateUtilities is a mature sector and all the stocks selected from the Zacks Utility-Electric Power industry have a market capitalization of more than $24 billion. The stocks currently have a Zacks Rank #2 (Buy) each.  You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.

Entergy Corporation:New Orleans, LA-based Entergy Corporation is primarily engaged in electric power production and retail distribution of power. The company currently expects to invest $67 billion in the 2026-2029 time period to strengthen its operations. Entergy Corporation is adding more clean assets to its generation portfolio. 

The company’s long-term (three to five years) earnings growth is pegged at 10.16%. ETR’s current dividend yield is 2.54%. The Zacks Consensus Estimate for Entergy Corporation’s 2026 and 2027 earnings indicates year-over-year growth of 12.53% and 15.38%, respectively. The Times Interest Earned (“TIE”) ratio of the company at the end of the second quarter was 2.5. A ratio greater than 1 indicates financial flexibility and the company’s capability to meet its interest obligation without any problem.

FirstEnergy Corp: Akron, OH-based FirstEnergy, its subsidiaries and affiliates, engages in the transmission, distribution and generation of electricity. The firm has successfully expanded its regulated activities and undergone a complete transition to become a fully regulated utility company in the past few years. FirstEnergy aims to invest $36 billion in the 2026-2030 period to strengthen its infrastructure and efficiently serve customers.

FE’s long-term earnings growth is pegged at 6.32%. The current dividend yield for FE is 4.26%. The Zacks Consensus Estimate for FirstEnergy’s 2026 and 2027 earnings per share indicates year-over-year growth of 7.45% and 7.74%, respectively. The TIE ratio of the company at the end of the second quarter was 2.3.

CenterPoint Energy: Houston, TX-based CenterPoint Energy provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. The company is investing to expand its operations to meet increasing electricity demand, backed by expanding commercial activity. In the next 10 years, CenterPoint Energy plans to invest $66.7 billion to strengthen and expand its operations further.

The company’s long-term earnings growth is pegged at 7.93%. CNP’s current dividend yield is 2.54%. The Zacks Consensus Estimate for CenterPoint Energy’s 2026 and 2027 earnings implies year-over-year growth of 8.52% and 8.95%, respectively. The TIE ratio of the company at the end of the second quarter was 2.3.

PPL Corporation: Allentown, PA-based PPL provides electric and natural gas services to its customers. The company is experiencing rising demand from AI-based data centers operating in its service region. PPL continues to project $23 billion of regulated capital investment needs for the 2026-2029 period to strengthen its operations.

The company’s long-term earnings growth is pegged at 5.26%. PPL’s current dividend yield is 3.46%. The Zacks Consensus Estimate for PPL’s 2026 and 2027 earnings implies year-over-year growth of 7.18% and 8.77%, respectively. The TIE ratio of the company at the end of the second quarter was 2.8.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.

Ferguson Wellman Capital Management Inc. lessened its holdings in Entergy Corporation (NYSE:ETR – Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,009,045 shares of the utilities provider’s stock after selling 50,951 shares during the period. Entergy comprises about 1.2% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 21st largest holding. Ferguson Wellman Capital Management Inc. owned 0.22% of Entergy worth $100,158,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Eastern Bank lifted its stake in Entergy by 19.7% in the 3rd quarter. Eastern Bank now owns 1,634 shares of the utilities provider’s stock worth $162,000 after purchasing an additional 269 shares in the last quarter. CX Institutional lifted its holdings in Entergy by 4.3% during the 3rd quarter. CX Institutional now owns 4,537 shares of the utilities provider’s stock worth $450,000 after buying an additional 187 shares in the last quarter. Versant Capital Management Inc increased its holdings in Entergy by 7.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,778 shares of the utilities provider’s stock worth $176,000 after purchasing an additional 123 shares during the period. QRG Capital Management Inc. raised its holdings in Entergy by 8.2% in the second quarter. QRG Capital Management Inc. now owns 81,534 shares of the utilities provider’s stock valued at $9,365,000 after acquiring an additional 6,181 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Entergy by 30.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,723 shares of the utilities provider’s stock worth $772,000 after purchasing an additional 1,571 shares during the last quarter. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Entergy Stock Performance Shares of ETR stock traded up $0.37 on Monday, hitting $101.28. 608,666 shares of the stock traded hands, compared to its average volume of 2,999,087. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.91 and a quick ratio of 0.70. The company’s fifty day moving average is $105.42 and its 200 day moving average is $109.74. Entergy Corporation has a 1-year low of $90.87 and a 1-year high of $118.44. The company has a market capitalization of $47.26 billion, a PE ratio of 25.97, a PEG ratio of 2.26 and a beta of 0.46.

Entergy (NYSE:ETR – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. Entergy had a net margin of 13.40% and a return on equity of 10.53%. The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter last year, the company earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities research analysts predict that Entergy Corporation will post 4.4 earnings per share for the current fiscal year. Entergy Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th were issued a $0.64 dividend. The ex-dividend date was Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.5%. Entergy’s dividend payout ratio (DPR) is 65.64%.

Insiders Place Their Bets In other news, insider Laura Landreaux sold 5,600 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $106.20, for a total value of $594,720.00. Following the completion of the sale, the insider owned 22,589 shares in the company, valued at $2,398,951.80. This represents a 19.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ralph Lewis Ropp purchased 1,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was bought at an average cost of $106.08 per share, for a total transaction of $106,080.00. Following the acquisition, the director directly owned 3,423 shares of the company’s stock, valued at $363,111.84. This represents a 41.27% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.21% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on the company. Wall Street Zen downgraded Entergy from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. BTIG Research reiterated a “buy” rating and issued a $126.00 price objective on shares of Entergy in a research report on Wednesday, June 10th. Evercore reiterated an “outperform” rating and issued a $128.00 price target on shares of Entergy in a research report on Monday, August 17th. Mizuho set a $122.00 target price on shares of Entergy and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Entergy from $129.00 to $139.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Seventeen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Entergy presently has a consensus rating of “Moderate Buy” and an average target price of $120.47.

View Our Latest Report on ETR

Entergy Profile (Free Report)

Entergy Corporation is an integrated energy company that provides electric power and related services through regulated utility subsidiaries. Its operations include electricity generation, transmission and distribution, as well as natural gas distribution and other utility services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and Texas, including the city of New Orleans. The company operates a diverse generation portfolio that includes nuclear, natural gas, renewable and other resources, and it supplies electricity to residential, commercial, industrial and governmental customers.

Founded in 1949 as Middle South Utilities, the company adopted the Entergy name in 1994.

Further Reading Five stocks we like better than Entergy A Manufacturing Surprise Could Be a Big Win for These 2 Companies What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks Insiders Are Selling These 3 Stocks, Should You?

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Federal law can hand your 401(k) to someone you never intended, even when your beneficiary form looks perfectly correct. One family learned this after a $3 million account went entirely to the wrong person despite years of accurate paperwork.

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Most married Americans save for retirement in two accounts: a workplace 401(k) and an individual retirement account (IRA). Each has a beneficiary form, but federal law handles them differently. A married 401(k) participant who names children can still have the entire balance go to the spouse. An IRA owner who names the same children generally sees the form respected.

This affects millions of households. The Investment Company Institute reports that nearly 60 million U.S. households, or 42%, owned IRAs in 2025. Among those with traditional IRAs, 61% hold money rolled over from employer plans. Each rollover moves money from an account where the spouse has a federal claim into one where the owner’s form decides.

How One Family Lost a $3.0 Million 401(k) Despite a Valid Form A federal appeals court ruling, LeBoeuf v. Entergy, shows the 401(k) rule. Alvin Martinez was in Entergy’s (NYSE:ETR | ETR Price Prediction) 401 (k) plan for decades. His first wife died in 2002, so in 2010, he named his four children as beneficiaries.

He remarried in 2014 and left his money in the plan without filing a new form. His quarterly statements listed the children as beneficiaries. When he died in 2021, the account held $3.0 million. His second wife had never signed away her rights. The plan paid her the full balance. The children sued, and the Fifth Circuit ruled the plan had acted properly.

Martinez filled out the form correctly and still lost. The Employee Retirement Income Security Act (ERISA), which covers most private-sector workplace plans, requires a married participant’s 401(k) to go to the surviving spouse unless the spouse agrees in writing to a different beneficiary. Under his plan’s terms, his later marriage automatically canceled the earlier designation.

Why a Spouse Can Override a 401(k) Beneficiary Form Spousal consent has specific requirements. The waiver must be in writing and generally witnessed by a notary or plan representative. After a divorce, remarriage, or oversight, a participant can have a form that looks correct on every statement while federal law directs the money elsewhere.

The difference came up on Suze Orman’s podcast in August 2026: “If you have money in an IRA and you are not happy with your spouse, you do not have to leave him or her any money. That is not true with a 401(k). Your spouse has to sign off if you leave it to someone else.”

IRA Owners Get the Form They Signed IRAs fall outside ERISA’s spousal rules, so the beneficiary form decides who inherits. An owner who splits an IRA between two children does not need the spouse’s signature for the custodian to pay them. The form also overrides the owner’s will. Clark Howard made this point in an April 2026 episode: “Whatever’s in your will is overridden by beneficiary designations that you’ve put on bank accounts, brokerage accounts, retirement accounts.”

In community property states such as California and Texas, a spouse may have a claim to the IRA share built up during the marriage, regardless of the form. Many 401(k) plans let a participant move the balance into an IRA without the spouse signing off. House and Senate Democrats introduced bills in 2023 that would require spousal consent before 401(k) withdrawals. Those bills would not change IRA rules.

What to Check Before the Form Is Ever Used The Martinez case comes down to paperwork that nobody updated after a life change. Three checks address the risks it exposed:

Get a signed spousal waiver for any non-spouse 401(k) beneficiary. A married participant who wants children to inherit needs the spouse’s notarized or plan-witnessed consent on file. Couples who remarry should sign a new waiver after the marriage. Review the beneficiary form itself, not the account statement. Martinez’s statements listed his children for years after his remarriage had canceled that designation. Map out the inherited-IRA payout timeline. Most adult children who inherit an IRA must empty it within a 10-year period, which can push large withdrawals into their peak-earning tax years. The beneficiary form tells the IRS who should inherit the retirement money. For a 401(k), federal law makes that choice final only once the spouse has signed too. Couples who plan to leave money to children should check both accounts, because the same names on two forms can lead to two different results (our estate checklist, which includes beneficiary forms and account ownership, is available at no cost here: Die With a Plan).

Contact [email protected] for any questions or corrections.

Corient Private Wealth LP lowered its stake in Entergy Corporation (NYSE:ETR – Free Report) by 41.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,457 shares of the utilities provider’s stock after selling 50,914 shares during the quarter. Corient Private Wealth LP’s holdings in Entergy were worth $8,093,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Union Savings Bank acquired a new stake in Entergy in the fourth quarter worth $28,000. Bell Investment Advisors Inc acquired a new stake in Entergy during the 2nd quarter worth $28,000. Fairway Wealth LLC acquired a new stake in Entergy during the 1st quarter worth $30,000. Dynamic Wealth Strategies LLC bought a new position in Entergy during the first quarter worth about $30,000. Finally, Pingora Partners LLC acquired a new position in Entergy in the second quarter valued at about $30,000. Institutional investors own 88.07% of the company’s stock.

Analyst Upgrades and Downgrades Several analysts have commented on the stock. Evercore restated an “outperform” rating and set a $128.00 target price on shares of Entergy in a report on Monday, August 17th. BMO Capital Markets upped their price objective on Entergy from $123.00 to $124.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. increased their price objective on Entergy from $129.00 to $139.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. BTIG Research reissued a “buy” rating and issued a $126.00 target price on shares of Entergy in a research report on Wednesday, June 10th. Finally, Scotiabank restated a “sector outperform” rating on shares of Entergy in a research note on Wednesday, June 10th. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $120.84.

Read Our Latest Report on Entergy Insider Activity at Entergy In other news, Director Ralph Lewis Ropp acquired 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average price of $106.08 per share, with a total value of $106,080.00. Following the completion of the transaction, the director directly owned 3,423 shares of the company’s stock, valued at $363,111.84. This trade represents a 41.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Laura Landreaux sold 5,600 shares of Entergy stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $106.20, for a total transaction of $594,720.00. Following the completion of the transaction, the insider directly owned 22,589 shares in the company, valued at $2,398,951.80. This trade represents a 19.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.21% of the company’s stock.

Entergy Price Performance NYSE:ETR opened at $103.28 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.91 and a debt-to-equity ratio of 1.73. The stock’s 50 day moving average price is $108.62 and its two-hundred day moving average price is $110.16. The firm has a market capitalization of $48.19 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 2.29 and a beta of 0.49. Entergy Corporation has a 12-month low of $87.38 and a 12-month high of $118.44.

Entergy (NYSE:ETR – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. The business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.49 billion. Entergy had a net margin of 13.40% and a return on equity of 10.53%. During the same quarter in the prior year, the business earned $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. On average, analysts anticipate that Entergy Corporation will post 4.4 earnings per share for the current year.

Entergy Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th were issued a dividend of $0.64 per share. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.5%. Entergy’s dividend payout ratio (DPR) is currently 65.64%.

Entergy Profile (Free Report)

Entergy Corporation is an integrated energy company headquartered in New Orleans, Louisiana. Through its regulated utility subsidiaries, the company generates, transmits, distributes and sells electricity to residential, commercial, industrial and governmental customers. Entergy also operates natural gas distribution businesses in parts of its service territory and provides related energy services.

Entergy serves customers across Arkansas, Louisiana, Mississippi and portions of Texas, including the greater New Orleans area.

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Amazon's hyperscale facility generates revenue that offsets costs for all Entergy Mississippi customers, eliminating nearly $5 on monthly bills — approved by state regulators

Follows Entergy CEO signing the White House's Ratepayer Protection Pledge last month

, /PRNewswire/ -- The first dollars attributed to Entergy's data center corridor have begun to positively impact customer bills under the company's Fair Share Plus pledge. In Mississippi, Entergy customers are set to begin seeing direct benefits this month thanks to Amazon's revenue contributions to the Mississippi grid, which helped eliminate a nearly $5 per month bill increase for all residential customers.

"Every new large customer added to the system helps pick up more of the grid maintenance improvement costs that existing customers would otherwise have to bear alone," said Drew Marsh, Entergy chair and chief executive officer. "Our customers across Mississippi are experiencing firsthand how data centers are helping to moderate rate increases. And there are additional benefits ahead for our customers in Arkansas and Louisiana, as data center projects there come online."

Data centers located in Arkansas and Louisiana are expected to begin operating and flowing benefits back to Entergy customers they serve, beginning in early 2027 and ramping up over time. As part of the contractual agreements Entergy has established with data center customers under its Fair Share Plus pledge, they pay 100% of their own costs to connect to and use the grid PLUS create other benefits for our shared communities, for example, state tax revenues, new jobs, energy efficiency initiatives and contributions to Entergy's bill assistance program, The Power to Care.

Entergy's commitment to affordability and reliability — when it comes to data centers.

Marsh, who participated in the White's House's expansion of its Ratepayer Protection Pledge last month, continued, "Our Fair Share Plus pledge is aligned with the Ratepayer Protection Pledge that the Trump administration put in place. Fair Share Plus will deliver approximately $7 billion over the next two decades to 2.3 million Entergy customers in Arkansas, Louisiana and Mississippi. This commitment to those we serve builds upon how we prioritize reliability and affordability for all our customers."

"Large industrial and technology companies are increasingly looking at our state because we offer reliable power at affordable rates, and we plan to keep it that way. Large customers, such as Google and AVAIO, help support investments in infrastructure additions that not only help power their facilities but also result in improved grid reliability that benefit all customers," said Laura Landreaux, Entergy Arkansas president and CEO.

"Our agreement with Meta, for example, reflects what's possible when strong partners align around long-term growth and value," said Phillip May, president and CEO of Entergy Louisiana. "Working with our customers, regulators and state leaders, we are making targeted investments that strengthen reliability, support economic development and deliver meaningful benefits to customers — all while keeping energy rates affordable. In fact, in addition to paying for the infrastructure that is being used to serve Meta and other system costs, once its facility is operational, Meta will pay approximately 10% of Entergy Louisiana's current storm and resiliency charges, reducing costs for customers — and this is just one among the many other contributions they bring to the state of Louisiana."

"At a time when our company is having to replace half-century old power plants to keep up with the energy needs of our almost half-million customers, these data center revenues are providing enormous benefits by covering much of those costs that our other customers would otherwise have had to bear alone," said Haley Fisackerly, Entergy Mississippi president and CEO. "And while we also work to strengthen our power grid against more extreme Mississippi weather for the long term, data center revenues are making those investments more cost-friendly for our customers, too."

Data centers are bringing transformational benefits to local communities, while lowering grid costs for all.

Through Entergy's Fair Share Plus pledge, data centers are also contributing to local communities in ways that are transforming some areas, for example:

Entergy Arkansas: Google established a $25 million Energy Impact Fund to scale and accelerate energy affordability initiatives in Crittenden County and the surrounding area. Funds will go towards home weatherization, innovative energy efficiency technology and energy workforce development. Google also created its Greater West Memphis Energy Affordability Fund, awarding $1.25 million in 2026 to local nonprofits advancing energy access, solar solutions, and workforce development across West Memphis, Crittenden County, Memphis, and Shelby County. Entergy Louisiana: Meta's presence in Richland Parish is bringing resources to support and uplift the local area, now and for generations to come. Meta has committed to contributing $120 million, including matching funds, for Entergy's The Power to Care program — bill payment assistance to seniors and disabled individuals — and an additional $140 million for energy efficiency initiatives for vulnerable customers. Meta alone is projected to pay $50 million in state sales tax revenue, and recently teachers in Richland Parish received annual bonuses 400% higher than last year — from increased tax revenues. Entergy Mississippi: Revenues from Amazon and other large industrial customers are funding $300 million for grid improvements at no additional cost to Entergy Mississippi customers. And expected bill increases will be lower than they otherwise would have been through 2030 because large data center customers are paying their own costs and contributing additional benefits. "As a fully integrated, rate-regulated utility, we are able to partner closely with our state leaders to support this new industry with power agreements that protect and benefit our existing customers even as we support this growth," Marsh continued. "Our respective public service commissions provided the collaboration, oversight and direction needed to make this emerging high-tech and electric future a win for everyone in our region. The public-private partnership continues and is creating new, well-paying jobs, investments and community improvements for the people we jointly serve and will provide lower cost, reliable power in the coming years for all customers."

Learn more about Entergy's Fair Share Plus pledge and how data centers in our service area are enabling direct savings for our customers by visiting Entergy.com/DataCenters.

About Entergy

Entergy (NYSE: ETR) generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We're also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at Entergy.com and connect with @Entergy on social media.

SOURCE Entergy Corporation

It has been about a month since the last earnings report for Entergy (ETR - Free Report) . Shares have lost about 1.4% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Entergy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.

Entergy Q2 Earnings Beat Estimates, Sales Improve Year Over Year

Entergy Corporation reported second-quarter 2026 earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 94 cents by 9.6%. However, the bottom line decreased 1.9% from the year-ago quarter’s figure of $1.05.

ETR’s Total RevenuesRevenues rose 5.9% year over year to $3.52 billion but missed the consensus mark of $3.53 billion by 0.08%. Results benefited from regulatory actions, construction-related returns and higher retail demand. Industrial sales volume jumped 9.9%.

Entergy’s Segmental PerformanceThe Utility business generated earnings of $626 million, up from $599 million in the prior-year quarter. Earnings were $1.34 per share in both periods, as growth in total income was offset by a higher diluted share count.

The Parent & Other segment reported a loss of $143 million, wider than the $131 million loss in the prior-year quarter. The loss per share was 31 cents compared with 29 cents a year ago, primarily due to higher interest expense.

Entergy's Retail Sales Gain on Industrial DemandTotal retail electricity sales increased 4.1% year over year to 33,725 gigawatt-hours (GWh). On a weather-adjusted basis, retail sales grew 5.7%, highlighting underlying demand growth across Entergy’s service territories.

Industrial volume climbed to 17,164 GWh from 15,620 GWh. The increase reflected higher sales to data center, primary metals and chlor-alkali customers. Weather-adjusted residential demand rose 2.8%, while commercial sales increased 0.3%.

ETR Faces Higher Costs and Financing PressureUtility other operation and maintenance expenses reduced earnings by 8 cents per share. The decline reflected higher power delivery costs, including increased vegetation maintenance spending, along with higher compensation and benefit costs tied to health care claims and prescription drug rebate timing.

Utility interest expense lowered earnings by 11 cents per share due to higher debt balances, a higher average interest rate and carrying costs on customer advances.

Depreciation and amortization also pressured results as Entergy placed more utility assets into service. The company cited higher federal regulatory depreciation rates at Entergy Arkansas and Entergy Louisiana, along with increased nuclear depreciation rates in Louisiana.

Entergy’s Financial HighlightsAs of June 30, 2026, Entergy had cash and cash equivalents of $3.85 billion compared with $1.93 billion as of Dec. 31, 2025.

Long-term debt totaled $31.55 billion compared with $27.9 billion as of Dec. 31, 2025.

Second-quarter operating cash flow increased to $1.89 billion from $1.26 billion a year earlier. The improvement reflected higher customer advance receipts, stronger utility collections and lower fuel and purchased-power payments. Vendor payment timing and higher interest payments partly offset these benefits.

Entergy Reaffirms Its Earnings OutlookEntergy has reaffirmed its 2026 adjusted earnings guidance of $4.25-$4.45 per share. The Zacks Consensus Estimate for 2026 earnings is pinned at $4.40 per share, which is higher than the company’s guided range.

ETR also maintained its longer-term adjusted earnings guidance. Entergy expects $4.90-$5.20 per share in 2027, $5.55-$5.85 in 2028, $6.25-$6.55 in 2029 and $7.05-$7.35 in 2030. Management continues to target adjusted earnings growth of more than 8% annually through 2030.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates review.

VGM ScoresCurrently, Entergy has a average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Entergy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Advisors Capital Management LLC bought a new stake in shares of Entergy Corporation (NYSE:ETR – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,796 shares of the utilities provider’s stock, valued at approximately $666,000.

Several other institutional investors and hedge funds have also modified their holdings of ETR. Brighton Jones LLC grew its stake in shares of Entergy by 275.6% during the fourth quarter. Brighton Jones LLC now owns 9,176 shares of the utilities provider’s stock valued at $696,000 after acquiring an additional 6,733 shares in the last quarter. Woodline Partners LP lifted its position in shares of Entergy by 40.7% during the 1st quarter. Woodline Partners LP now owns 36,228 shares of the utilities provider’s stock valued at $3,097,000 after acquiring an additional 10,476 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Entergy during the 2nd quarter worth $6,869,000. Brown Advisory Inc. grew its holdings in shares of Entergy by 4.8% in the 2nd quarter. Brown Advisory Inc. now owns 4,254 shares of the utilities provider’s stock worth $354,000 after acquiring an additional 193 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Entergy in the 2nd quarter worth $17,225,000. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Insider Buying and Selling In other Entergy news, Director Ralph Lewis Ropp purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was bought at an average cost of $106.08 per share, with a total value of $106,080.00. Following the completion of the transaction, the director owned 3,423 shares of the company’s stock, valued at $363,111.84. The trade was a 41.27% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Haley Fisackerly sold 10,638 shares of the firm’s 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 sale, the insider owned 14,182 shares of the company’s stock, valued at approximately $1,560,020. The trade was a 42.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth ETR has been the topic of several recent analyst reports. UBS Group reissued a “buy” rating and set a $135.00 target price (up from $131.00) on shares of Entergy in a research note on Thursday, April 30th. Truist Financial set a $122.00 price target on Entergy and gave the company a “buy” rating in a research report on Thursday, August 13th. JPMorgan Chase & Co. increased their price objective on Entergy from $129.00 to $139.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Wells Fargo & Company lifted their price objective on Entergy from $123.00 to $128.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, BMO Capital Markets boosted their target price on shares of Entergy from $123.00 to $124.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $120.84. Check Out Our Latest Report on Entergy

Entergy Price Performance Shares of NYSE ETR opened at $104.56 on Friday. The firm has a market cap of $48.79 billion, a PE ratio of 26.81, a PEG ratio of 1.83 and a beta of 0.50. The company has a fifty day moving average price of $111.55 and a 200 day moving average price of $109.57. The company has a current ratio of 0.91, a quick ratio of 0.70 and a debt-to-equity ratio of 1.73. Entergy Corporation has a 1-year low of $86.40 and a 1-year high of $118.44.

Entergy (NYSE:ETR – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The company had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.49 billion. Entergy had a return on equity of 10.53% and a net margin of 13.40%.During the same quarter in the prior year, the business posted $1.05 EPS. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. Research analysts predict that Entergy Corporation will post 4.4 earnings per share for the current fiscal year.

Entergy Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $2.56 annualized dividend and a dividend yield of 2.4%. Entergy’s dividend payout ratio (DPR) is presently 65.64%.

About Entergy (Free Report)

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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Residential, Commercial & Industrial Programs Will Help Lower Energy Costs While Strengthening Grid Reliability

, /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, has been awarded a new $35 million contract by Entergy Louisiana to implement the utility's full residential, commercial and industrial energy efficiency portfolio to help customers better manage energy costs and improve grid reliability.

ICF will support the full energy efficiency program lifecycle for all programs within Entergy's portfolio, including program design and delivery, trade ally and large customer management, technical support, customer marketing and communications, data management and performance tracking. The company's integrated delivery model unites residential, commercial and industrial programs under a consistent structure, streamlining execution while allowing for program-specific customization.

ICF will also leverage Sightline®, one of the industry's most trusted utility customer program platforms for analytics and insights, to pinpoint where and when energy demand is highest, predict ways to reduce grid stress and prioritize the largest energy efficiency opportunities across customer segments.

"Entergy Louisiana has selected energy efficiency offerings that will help our customers lower their energy usage while improving the comfort and efficiency of their homes and businesses," said Heather LeBlanc, Entergy Louisiana manager of energy efficiency. "These programs will allow us to spend more than $100 million in incentives over the next four years, making it easier for customers to take control of their energy use while supporting affordable energy-saving upgrades for our Louisiana households and businesses."

"Smarter, more effective energy efficiency programs—from homes to large commercial and industrial facilities—is one of the fastest, most cost-effective ways for utilities to strengthen the grid because it turns customer participation into a strategic asset," said Kyle Wiggins, ICF senior vice president for energy, environment and infrastructure. "We're proud to have our Louisiana-based team help Entergy reach more customers and deliver measurable savings for communities across the state."

This new contract builds on more than a decade of ICF support for Entergy corporate and sister operating companies, as well as the company's broader track record of designing and delivering energy programs that achieve cost savings goals and customer impact.

ICF delivers hundreds of energy efficiency, electrification and demand management programs for the top North American utilities, helping them design and implement cost-effective programs that maximize energy savings to customers and system benefits to utilities. The company's energy, technology, engineering and marketing experts collaborate with clients to increase program participation and make a lasting community impact through advanced customer insights and targeting, robust analytics and award-winning customer engagement.

About ICF
ICF is a leading global solutions and technology provider. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; our ability to acquire and successfully integrate businesses; and various risks and uncertainties related to health epidemics, pandemics, and similar outbreaks. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

Contact: Lauren Dyke, [email protected], +1.571.373.5577

SOURCE ICF

Anheuser-Busch InBev (Brussel:ABI) (BMV: ANB) (JSE: ANH) (NYSE: BUD):This press release features multimedia. View the full release here: https://www.businesswire.c

It's Time to Take Profits on These 2 Overbought Energy StocksEntergy NYSE: ETR reported second-quarter adjusted earnings of $1.03 per share and said it remains on track to meet its 2026 adjusted earnings guidance and longer-term outlook through 2030.

Chair and CEO Drew Marsh said the utility’s growth outlook continues to be supported by demand from technology-sector customers, traditional industrial customers and broader economic development across its four-state Gulf South service territory. While technology customers represent the largest contributor to demand growth in Entergy’s five-year plan, Marsh said the company continues to see substantial interest from industrial segments.

Get Entergy alerts:

Tariff Fatigue? Look to These 3 Stocks for UpsideEntergy’s pipeline includes potential demand of 7 gigawatts to 12 gigawatts from hyperscale data centers, along with 3 gigawatts to 5 gigawatts of interest from traditional industrial customers. Marsh said interest in large-scale projects has continued to increase since the company’s Investor Day, though he noted that much of the newest activity remains at the indication-of-interest stage rather than fully developed proposals.

Data Center Growth and Customer Protections Management emphasized its “Fair Share Plus” pledge, under which data center customers are expected to pay their full cost to be served as well as an appropriate share of fixed system costs. Marsh said agreements signed so far are expected to produce $7 billion in customer bill benefits.

These 3 Stocks Look to Power AI Data Centers With Natural GasMarsh pointed to Louisiana Gov. Jeff Landry’s executive order, signed in late June, as support for this approach. The order requires new data centers seeking state sales-tax exemptions to demonstrate customer protections, grid-resilience and reliability investments, meaningful community benefits and transparency. Marsh said the state cited Meta’s investment in Richland Parish as an example meeting those standards.

During the question-and-answer session, Marsh said data center development continues to receive strong support in Louisiana, Mississippi and Arkansas, though he acknowledged that concerns have arisen in some communities. New Orleans currently has a moratorium on data centers, he said, and Entergy expects to work with the city to address its concerns and seek to lift the restriction.

In Mississippi, Marsh said AWS already has a significant investment and AVAIO is also considering an investment. He added that Entergy is seeing interest from additional potential customers but did not provide specific details. Asked about reports that Meta could expand substantially in Louisiana, Marsh said he could not comment on Meta’s specific plans but said existing customers have expressed interest in expanding beyond their current commitments.

Resilience and Reliability Investments Entergy said two minor tropical storms affected its service area during the first half of the year, but restoration costs were nominal and did not require special cost recovery. Marsh said the company’s year-round preparedness efforts include training, grid investments, inventory management, vegetation management and proactive maintenance.

In Louisiana, Entergy has begun a St. Bernard Parish project under its phase I accelerated resilience program. The work includes replacing or reinforcing about 640 distribution and transmission poles with equipment designed to withstand winds of up to 150 miles per hour.

The company also said its self-healing network program, which began installations in 2021, now includes more than 400 networks serving over 500,000 customers. According to Marsh, the program has avoided more than 700,000 customer interruptions and an estimated 80 million outage minutes since its launch.

Entergy Louisiana plans to file in the third quarter for a smaller intermediate resilience program, called phase I-A, intended to bridge the current program and a future phase while maintaining workforce continuity and managing customer affordability. In addition, Louisiana implemented a rider in May for enhanced vegetation-management spending above the 2025 baseline level.

Entergy Texas closed on a $200 million Texas Energy Fund grant in June, bringing its accelerated resilience plan to $337 million. Marsh said such investments are intended to strengthen storm readiness, harden the electric system and support faster restoration after severe weather.

Financial Outlook and Capital Plan CFO Kimberly Fontan said second-quarter adjusted earnings were slightly below the prior-year period because weather was closer to normal, compared with warmer weather in 2025. Excluding weather, retail sales grew, driven by 10% industrial sales growth as new and expanding projects increased operations.

Fontan said earnings also benefited from customer investments and related regulatory actions, net of higher depreciation, taxes other than income taxes and financing costs. Other factors included higher operations and maintenance expense, higher interest expense to the parent company and a higher share count following the settlement of equity forwards.

The company reaffirmed its 2026 adjusted EPS guidance and outlook through 2030. Fontan said Entergy expects third-quarter operations and maintenance expense to be about $0.05 to $0.10 higher than in the year-earlier quarter, largely reflecting expenses recovered through riders and consideration related to the sale of its local distribution company business last year. Assuming normal weather, she said most of the year-over-year earnings increase is expected in the fourth quarter.

Entergy’s equity plan remains unchanged from Investor Day. The company completed a $2.175 billion equity-forward offering in early May, with about 60% of its five-year equity plan contracted through 2028. On June 22, Entergy settled 8.7 million shares of equity forwards for net proceeds of $672 million, which Fontan said will support the investment plan and credit profile.

Regulatory, Generation and Transmission Developments Entergy Texas updated its distribution cost recovery factor and received approval for its first capacity cost recovery rider. Entergy Arkansas implemented new rates for its Generating Arkansas Jobs Act rider and filed a historical netting adjustment that reflects a customer rate reduction, partially offsetting its base-rate case impact. Entergy Mississippi’s annual formula rate plan filing was approved with no rate change.

Entergy Louisiana and Entergy New Orleans filed annual formula rate plan updates and requested extensions of their existing plans. Marsh said Entergy expects new rates in those jurisdictions to take effect in September, while adding that the company has a history of formula-rate-plan extensions in Louisiana.

On generation, Marsh said Entergy is continuing discussions with state officials and other parties regarding possible new nuclear development, including efforts to manage risks for customers and operating-company balance sheets. He said the company has made progress but does not yet have a timeline for an announcement, emphasizing that any project must be customer-led.

Entergy also continues to pursue its proposed acquisition of the Cottonwood generating plant. Marsh described the facility as the most economic option for serving expected growth from steel mills, LNG facilities and petrochemical customers in Louisiana, compared with building a new plant that may not be available until early next decade. The company is working with stakeholders on ways to mitigate near-term customer bill impacts.

Finally, management said Entergy is building more than 1,000 miles of transmission to support new customers and resilience needs. Fontan said the company has about 7.5 gigawatts of power-island equipment under contract or exclusivity arrangements, supporting the lower end of its 10-gigawatt to 17-gigawatt opportunity range.

About Entergy (NYSE:ETR)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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On July 29, 2026, Entergy Corp (ETR) released its 8-K filing detailing its financial results for the second quarter of 2026. The company reported earnings of $1

Company affirms guidance and outlooks

, /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported second quarter 2026 earnings per share of $1.03 on an as-reported and an adjusted (non-GAAP) basis.

"At our investor day in June, we provided a comprehensive update on our differentiated growth story that starts with our customers," said Drew Marsh, Entergy Chair and Chief Executive Officer. "In the second quarter, we made steady progress across key customer, operational, regulatory, and financial areas. We remain solidly on track to achieve our objectives for 2026 and beyond."

Business highlights included the following:

The APSC approved Entergy Arkansas's Generating Arkansas Jobs Act rider rate update. The PUCT approved Entergy Texas's DCRF rate update. Entergy New Orleans and Entergy Louisiana each filed their annual formula rate plans. Entergy Arkansas filed its 2025 historical year formula rate plan netting adjustment. Entergy Louisiana and Entergy New Orleans each filed for an extension of their formula rate plans. Entergy Corporation completed a $2.175 billion common stock offering with a forward component. Entergy Texas was awarded an approximately $200 million Texas Energy Fund grant for electric reliability, which will strengthen the grid at no cost to customers. River Bend Station nuclear plant celebrated 40 years of producing clean, reliable electricity. Entergy's nuclear team received four Top Innovative Practice awards from the Nuclear Energy Institute. Entergy was named to The Civic 50, a Points of Light initiative honoring the 50 most community-minded companies in the U.S. Consolidated earnings (GAAP and non-GAAP measures)

Second quarter and year-to-date 2026 vs. 2025 
(See Appendix A for reconciliation of GAAP to non-GAAP measures and details on adjustments)

Second quarter

Year-to-date

2026

2025

Change

2026

2025

Change

(After-tax, $ in millions)

As-reported earnings

483

468

15

868

829

39

Less adjustments

-

-

-

(14)

-

(14)

Adjusted earnings (non-GAAP)

483

468

15

881

829

52

  Estimated weather impact

3

38

(35)

(7)

60

(67)

(After-tax, per share in $)

As-reported earnings

1.03

1.05

(0.01)

1.87

1.87

-

Less adjustments

-

-

-

(0.03)

-

(0.03)

Adjusted earnings (non-GAAP)

1.03

1.05

(0.01)

1.90

1.87

0.03

  Estimated weather impact

0.01

0.08

(0.08)

(0.02)

0.14

(0.15)

Calculations may differ due to rounding

Consolidated results

For second quarter 2026, the company reported earnings of $483 million, or $1.03 per share, on an
as-reported and an adjusted basis. This compared to second quarter 2025 earnings of $468 million, or $1.05 per share, on an as-reported and an adjusted basis.

Summary discussions of results by business follow. Additional details, including information on operating cash flow by business, are provided in Appendix A. Appendix B provides a more detailed analysis of earnings per share variances by business.

Business results

Utility

For second quarter 2026, the Utility business reported earnings attributable to Entergy Corporation of $626 million, or $1.34 per share, on an as-reported and an adjusted basis. This compared to second quarter 2025 earnings of $599 million, or $1.34 per share, on an as-reported and an adjusted basis.

The primary drivers for the quarter's earnings increase included:

the net effect of regulatory actions across several operating companies; return on construction work in progress for certain utility plant investments; higher retail sales volume; and higher other income (deductions). These drivers were partially offset by higher interest expense, higher O&M, and higher depreciation and amortization.

On a per share basis, second quarter 2026 results reflected higher diluted average number of common shares outstanding primarily due to the settlement of equity forwards in 2025 and 2026 as well as the dilutive effect of an increase in the stock price on unsettled equity forwards.

Appendix C contains additional details on Utility operating and financial measures.

Parent & Other

For second quarter 2026, Parent & Other reported a loss attributable to Entergy Corporation of $(143 million), or (31) cents per share, on an as-reported and an adjusted basis. This compared to a second quarter 2025 loss of $(131 million), or (29) cents per share, on an as-reported and an adjusted basis.

The primary driver for the quarter-over-quarter change was higher interest expense.

On a per share basis, second quarter 2026 results reflected higher diluted average number of common shares outstanding (see details in Utility section).

Earnings per share guidance

Entergy affirmed its 2026 adjusted earnings per share guidance range of $4.25 to $4.45. See the earnings call presentation for additional details.

The company has provided 2026 earnings guidance with regard to the non-GAAP measure of adjusted earnings per share. This measure excludes from the corresponding GAAP financial measure the effect of adjustments as described in the "Non-GAAP financial measures" section. The company has not provided a reconciliation of such non-GAAP guidance to guidance presented on a GAAP basis because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period. Potential adjustments include, among other things, certain significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses.

Earnings teleconference

A teleconference will be held at 10:00 a.m. Central Time on Wednesday, July 29, 2026, to discuss Entergy's quarterly earnings announcement and the company's financial performance. The teleconference may be accessed by visiting Entergy's website at investors.entergy.com/investors/events-and-presentations or by dialing 888-440-4149, conference ID 9024832, no more than 15 minutes prior to the start of the call. The earnings call presentation is also being posted to Entergy's website concurrent with this news release. A replay of the teleconference will be available on Entergy's website at investors.entergy.com/investors/events-and-presentations and by telephone. The telephone replay will be available through Aug. 5, 2026, by dialing 800-770-2030, conference ID 9024832.

Entergy (NYSE: ETR) generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We're also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at Entergy.com and connect with @Entergy on social media.

Entergy Corporation's common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol "ETR".

Details regarding Entergy's results of operations, regulatory proceedings, and other matters are available in this earnings release, a copy of which will be filed with the SEC, and the earnings call presentation. Both documents are available on Entergy's Investor Relations website at investors.entergy.com/investors/events-and-presentations.

Entergy maintains a web page as part of its Investor Relations website entitled Regulatory and other information, which provides investors with key updates on certain regulatory proceedings and important milestones on the execution of its strategy. While some of this information may be considered material information, investors should not rely exclusively on this page for all relevant company information.

For definitions of certain operating measures, as well as GAAP and non-GAAP financial measures and abbreviations and acronyms used in the earnings release materials, see Appendix E.

Non-GAAP financial measures

This news release contains non-GAAP financial measures, which are generally numerical measures of a company's performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Entergy has provided quantitative reconciliations within this news release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Entergy reports earnings using the non-GAAP measure of adjusted earnings, which excludes the effect of certain "adjustments". Adjustments are unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses. In addition to reporting GAAP earnings on a per share basis, Entergy reports its adjusted earnings on a per share basis. These per share measures represent the applicable earnings amount divided by the diluted average number of common shares outstanding for the period.

Management uses the non-GAAP financial measures of adjusted earnings and adjusted earnings per share for, among other things, financial planning and analysis; reporting financial results to the board of directors, employees, owners, and analysts; and internal evaluation of financial performance. Entergy believes that these non-GAAP financial measures provide useful information to investors in evaluating the ongoing results of Entergy's business, comparing period to period results, and comparing Entergy's financial performance to the financial performance of other companies in the utility sector.

Other non-GAAP measures, including adjusted ROE, adjusted ROE excluding affiliate preferred, FFO to adjusted debt, gross liquidity, net liquidity, adjusted Parent debt to total adjusted debt, adjusted debt to adjusted capitalization, and adjusted net debt to adjusted net capitalization are measures Entergy uses internally for management and board of directors discussions and to gauge the overall strength of its business. Entergy believes the above data provides useful information to investors in evaluating Entergy's ongoing financial results and flexibility and assists investors in comparing Entergy's credit and liquidity to the credit and liquidity of others in the utility sector. These metrics are defined in Appendix E.

These non-GAAP financial measures reflect an additional way of viewing aspects of Entergy's operations that, when viewed with Entergy's GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting Entergy's business. These non-GAAP financial measures should not be used to the exclusion of GAAP financial measures. Investors are strongly encouraged to review Entergy's consolidated financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Although certain of these measures are intended to assist investors in comparing Entergy's performance to other companies in the utility sector, non-GAAP financial measures are not standardized; therefore, it might not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names.

Cautionary note regarding forward-looking statements

This news release contains certain "forward-looking statements" within the meaning of federal securities laws that are subject to risks and uncertainties. Such statements include, among other things, statements regarding Entergy's 2026 adjusted earnings per share guidance and capital plan; financial and operational outlooks and expected industrial sales; industrial load growth outlooks; statements regarding its resilience plans, goals, beliefs, or expectations; and other statements of Entergy's plans, beliefs, or expectations within this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy's most recent Annual Report on Form 10-K and any subsequent public filings with the Securities and Exchange Commission; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust values or earnings or in the timing or cost of decommissioning Entergy's nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including (1) strategic transactions that Entergy or its subsidiaries may undertake and the risks that any such transaction may not be completed as and when expected or the anticipated benefits may not be realized, and (2) Entergy's ability to meet the rapidly growing demand for electricity, including from large-scale data centers and other large customers, and to manage the impacts of such growth on customers and its business, or the risk that contracted or expected load growth does not materialize or is not sustained; (h) risks and uncertainties associated with the resolution of pending or future applications, regulatory proceedings, litigation or governmental official actions relating to generation, transmission, or other facilities and the effect of related public and political opposition, including, in each case, those relating to any facilities designed to serve large-scale data centers; (i) direct and indirect impacts to Entergy or its customers from pandemics, terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy's business or operations, and/or other catastrophic events; and (j) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, such as changes in monetary, fiscal, trade, tax, environmental, or energy (including, among other things, data center energy use, efficiency standards, and sources of power) policies, as well as changes in utility regulations, including those relating to new projects designed to serve the increased load growth of large-scale data centers and other large customers; (2) changes in commodity markets, capital markets, or economic conditions; and (3) technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Second quarter 2026 earnings release appendices and financial statements

Appendices
A: Consolidated results and adjustments
B: Earnings variance analysis
C: Utility operating and financial measures
D: Consolidated financial measures
E: Definitions and abbreviations and acronyms
F: Other GAAP to non-GAAP reconciliations

Financial statements
Consolidating balance sheets
Consolidating income statements
Consolidated cash flow statements

A: Consolidated results and adjustments
Appendix A-1 provides a comparative summary of consolidated earnings, including a reconciliation of as-reported earnings (GAAP) to adjusted earnings (non-GAAP).

Appendix A-1: Consolidated earnings - reconciliation of GAAP to non-GAAP measures
Second quarter and year-to-date 2026 vs. 2025 (See Appendix A-2 and Appendix A-3 for details on adjustments)

Second quarter

Year-to-date

2026

2025

Change

2026

2025

Change

(After-tax, $ in millions)

As-reported earnings (loss)

Utility

626

599

27

1,166

1,089

77

Parent & Other

(143)

(131)

(12)

(298)

(260)

(38)

Consolidated

483

468

15

868

829

39

Less adjustments

Utility

-

-

-

-

-

-

Parent & Other

-

-

-

(14)

-

(14)

Consolidated

-

-

-

(14)

-

(14)

Adjusted earnings (loss) (non-GAAP)

Utility

626

599

27

1,166

1,089

77

Parent & Other

(143)

(131)

(12)

(284)

(260)

(25)

Consolidated

483

468

15

881

829

52

Estimated weather impact

3

38

(35)

(7)

60

(67)

Diluted average number of common shares outstanding (in millions)

466

446

21

464

443

21

(After-tax, per share in $) (a)

As-reported earnings (loss)

Utility

1.34

1.34

-

2.51

2.45

0.06

Parent & Other

(0.31)

(0.29)

(0.01)

(0.64)

(0.59)

(0.06)

Consolidated

1.03

1.05

(0.01)

1.87

1.87

-

Less adjustments

Utility

-

-

-

-

-

-

Parent & Other

-

-

-

(0.03)

-

(0.03)

Consolidated

-

-

-

(0.03)

-

(0.03)

Adjusted earnings (loss) (non-GAAP)

Utility

1.34

1.34

-

2.51

2.45

0.06

Parent & Other

(0.31)

(0.29)

(0.01)

(0.61)

(0.59)

(0.03)

Consolidated

1.03

1.05

(0.01)

1.90

1.87

0.03

Estimated weather impact

0.01

0.08

(0.08)

(0.02)

0.14

(0.15)

Calculations may differ due to rounding

(a)

Per share amounts are calculated by dividing the corresponding earnings (loss) by the diluted average number of common shares outstanding for the period. 

See Appendix B for detailed earnings variance analysis.

Appendix A-2 and Appendix A-3 detail adjustments by business. Adjustments are included in as-reported earnings consistent with GAAP but are excluded from adjusted earnings. As a result, adjusted earnings is considered a non-GAAP measure. 

Appendix A-2: Adjustments by driver (shown as positive/(negative) impact on earnings or EPS)

Second quarter and year-to-date 2026 vs. 2025

Second quarter

Year-to-date

2026

2025

Change

2026

2025

Change

(Pre-tax except for income tax effect and totals; $ in millions)

Parent & Other

1Q26 impairment related to the expected sale of a non-utility business interest in Independence power plant

-

-

-

(18)

-

(18)

Income tax effect on Parent & Other adjustment above

-

-

-

4

-

4

Total Parent and Other

-

-

-

(14)

-

(14)

Total adjustments

-

-

-

(14)

-

(14)

(After-tax, per share in $) (b)

Parent & Other

1Q26 impairment related to the expected sale of a non-utility business interest in Independence power plant

-

-

-

(0.03)

-

(0.03)

Total Parent & Other

-

-

-

(0.03)

-

(0.03)

Total adjustments

-

-

-

(0.03)

-

(0.03)

Calculations may differ due to rounding

(b)

Per share amounts are calculated by multiplying the corresponding earnings (loss) by the income tax rate that is expected to apply and dividing by the diluted average number of common shares outstanding for the period.

Appendix A-3: Adjustments by income statement line item (shown as positive/ (negative) impact on earnings)

Second quarter and year-to-date 2026 vs. 2025

(Pre-tax except for income taxes and totals; $ in millions)

Second quarter

Year-to-date

2026

2025

Change

2026

2025

Change

Parent & Other

  Asset write-offs, impairments, and related charges

-

-

-

(18)

-

(18)

  Income taxes

-

-

-

4

-

4

Total Parent & Other

-

-

-

(14)

-

(14)

Total adjustments

-

-

-

(14)

-

(14)

Calculations may differ due to rounding 

Appendix A-4 provides a comparative summary of OCF by business. 

Appendix A-4: Consolidated operating cash flow

Second quarter and year-to-date 2026 vs. 2025

($ in millions)

Second quarter

Year-to-date

2026

2025

Change

2026

2025

Change

Utility

2,021

1,371

650

2,891

1,937

954

Parent & Other

(128)

(110)

(18)

(169)

(139)

(30)

Consolidated

1,893

1,262

631

2,722

1,798

924

Calculations may differ due to rounding

Second quarter 2026 OCF increased primarily due to higher receipts of advance payments related to customer agreements, higher collections from Utility customers, and lower fuel and purchased power payments. These increases were partially offset by the timing of payments to vendors and higher interest payments.

B: Earnings variance analysis  
Appendix B-1 and Appendix B-2 provide details of current quarter and year-to-date 2026 versus 2025 as-reported and adjusted earnings per share variances.

Appendix B-1: As-reported and adjusted earnings per share variance analysis (c), (d)

Second quarter 2026 vs. 2025

(After-tax, per share in $)

Utility

Parent & Other

Consolidated

As-

reported

Adjusted

As-

reported

Adjusted

As-

reported

Adjusted

2025 earnings (loss)

1.34

1.34

(0.29)

(0.29)

1.05

1.05

Operating revenue less:
fuel, fuel-related exp. and gas purch. for resale; purch. power; and other reg. chgs. (credits) – net

0.18

0.18

(e)

-

-

0.18

0.18

Nuclear refueling outage expenses

-

-

-

-

-

-

Other O&M

(0.08)

(0.08)

(f)

-

-

(0.08)

(0.08)

Asset write-offs, impairments, and related charges

-

-

-

-

-

-

Decommissioning

(0.01)

(0.01)

-

-

-

-

Taxes other than income taxes

(0.02)

(0.02)

-

-

(0.02)

(0.02)

Depreciation and amortization

(0.05)

(0.05)

(g)

-

-

(0.04)

(0.04)

Other income (deductions)

0.13

0.13

(h)

0.01

0.01

0.15

0.15

Interest expense

(0.11)

(0.11)

(i)

(0.04)

(0.04)

(j)

(0.15)

(0.15)

Income taxes – other

0.01

0.01

-

-

-

-

Preferred dividend requirements and noncontrolling interests

-

-

-

-

-

-

Share effect

(0.06)

(0.06)

0.01

0.01

(0.05)

(0.05)

(k)

2026 earnings (loss)

1.34

1.34

(0.31)

(0.31)

1.03

1.03

Calculations may differ due to rounding

Appendix B-2: As-reported and adjusted earnings per share variance analysis (c), (d)

Year-to-date 2026 vs. 2025

(After-tax, per share in $)

Utility

Parent & Other

Consolidated

As-

reported

Adjusted

As-

reported

Adjusted

As-

reported

Adjusted

2025 earnings (loss)

2.45

2.45

(0.59)

(0.59)

1.87

1.87

Operating revenue less:
fuel, fuel-related exp. and gas purch. for resale; purch. power; and other reg. chgs. (credits) – net

0.07

0.07

(e)

-

-

0.07

0.07

Nuclear refueling outage expenses

0.02

0.02

-

-

0.02

0.02

Other O&M

(0.08)

(0.08)

(f)

-

-

(0.08)

(0.08)

Asset write-offs, impairments, and related charges

-

-

(0.03)

-

(l)

(0.03)

-

Decommissioning

(0.01)

(0.01)

-

-

(0.01)

(0.01)

Taxes other than income taxes

(0.04)

(0.04)

(m)

-

-

(0.04)

(0.04)

Depreciation and amortization

(0.09)

(0.09)

(g)

-

-

(0.09)

(0.09)

Other income (deductions)

0.46

0.46

(h)

0.01

0.01

0.48

0.48

Interest expense

(0.18)

(0.18)

(i)

(0.06)

(0.06)

(j)

(0.24)

(0.24)

Income taxes – other

0.02

0.02

-

-

0.02

0.02

Preferred dividend requirements and noncontrolling interests

(0.01)

(0.01)

-

-

(0.01)

(0.01)

Share effect

(0.12)

(0.12)

0.03

0.03

(0.09)

(0.09)

(k)

2026 earnings (loss)

2.51

2.51

(0.64)

(0.61)

1.87

1.90

Calculations may differ due to rounding

(c)

Utility operating revenue and Utility income taxes – other variances exclude the following for the return/collection of excess/deficient unprotected ADIT (net effect was neutral to earnings) ($ in millions):

2Q26

2Q25

YTD26

YTD25

Utility operating revenue

(13)

(4)

(28)

(6)

Utility income taxes – other

13

4

28

6

(d)

EPS effects of individual income statement line item variances are calculated by multiplying the pre-tax amount by the income tax rate that is expected to apply and dividing by diluted average number of common shares outstanding for the prior period. Income taxes – other represents income tax differences other than the income tax effect of individual line-item variances. Share effect captures the per share impact from the change in diluted average number of common shares outstanding.

Utility as-reported operating revenue less fuel, fuel-related
expenses and gas purchased for resale; purchased power;

and other regulatory charges (credits) – net variance analysis
2026 vs. 2025 ($ EPS)

2Q

YTD

Electric volume / weather

0.04

0.03

Retail electric price

0.15

0.32

Return on CWIP for certain utility plant investments

0.07

0.12

E-TX MISO capacity costs

0.03

0.03

Sale of natural gas LDCs

(0.04)

(0.11)

Reg. provisions for decommissioning items

(0.07)

(0.36)

Other

0.02

0.05

Total

0.18

0.07

(e)

The second quarter and year-to-date earnings increases reflected the effect of rate actions including: E-AR's FRP, E-AR's Generating Arkansas Jobs Act Rider, E-LA's FRP (including FRP riders), E-LA's RPCR, E-MS's FRP interim facilities rate adjustment, and E-TX's DCRF. 2026 results included higher revenue related to the amortization of certain customer advances designed to provide a return on CWIP for certain utility plant investments, which is recognized as the related costs are incurred. The increases also reflected higher electric volume, including the effects of weather, as well as second quarter 2025 MISO capacity costs at E-TX prior to the implementation of a new capacity cost rider, which was effective June 2026. The increases were partially offset by the absence of revenues and gas purchase for resale from the natural gas LDC businesses that were sold in July 2025. Changes in regulatory provisions for decommissioning items was also a driver (based on regulatory treatment, decommissioning-related variances are offset in other line items and are largely earnings neutral). The year-to-date increase also included the effects of E-MS's grid modernization rider.

(f)

The second quarter earnings decrease from higher Utility other O&M was primarily due to an increase in power delivery expenses driven by higher vegetation maintenance costs, as well as higher compensation and benefits costs resulting from higher healthcare claims activity and the timing of the recognition of prescription drug rebates. The second quarter decrease was partially offset by lower bad debt expense. The year-to-date earnings decrease from higher Utility other O&M was primarily due to an increase in power delivery expenses driven by higher vegetation maintenance costs, a higher scope of work performed in 2026 as compared to 2025, and increased labor costs. The year-to-date decrease also reflected higher compensation and benefits, primarily due to a revision to estimated incentive-based compensation expense in 2025. The year-to-date decrease was partially offset by higher nuclear insurance refunds, lower gas operation expenses resulting from the sale of natural gas LDC businesses, and decreases in loss provisions and bad debt expense.

(g)

The second quarter and year-to-date earnings decreases from higher Utility depreciation and amortization were primarily due to higher plant in service. The decreases also reflected higher FERC jurisdictional depreciation rates at E-AR and
E -LA effective Jan. 2026, and an increase in E-LA's nuclear depreciation rates effective Sept. 2025. 

(h)

The second quarter and year-to-date earnings increases from higher Utility other income (deductions) included changes in nuclear decommissioning trust returns, including portfolio rebalancing in 2026 (based on regulatory treatment, decommissioning-related variances are offset in other line items and are largely earnings neutral). The increases also reflected higher amortization of tax gross ups on customer advances, including customer advances for construction as well as higher external interest income. The increases were partially offset by a true-up of E-LA's MISO cost recovery mechanism.

(i)

The second quarter and year-to-date earnings decreases from higher Utility interest expense were primarily due to higher debt balances, a higher average interest rate, and higher carrying costs on customer advances. The year-to-date decrease also reflected 2026 carrying costs on retained net proceeds from the monetization of nuclear production tax credits. 

(j)

The second quarter and year-to-date earnings decreases from higher Parent & Other interest expense were primarily due to the issuance of $1.3 billion of junior subordinated debentures in Nov. 2025. 

(k)

The second quarter and year-to-date earnings per share decreases from share effect were due to higher diluted average number of common shares outstanding.  The increases in shares outstanding were primarily due to the settlement of equity forwards in Oct. 2025, Feb. 2026, and June 2026 and the dilutive effect of an increase in the stock price on unsettled equity forwards.

(l)

The year-to-date as-reported earnings decrease from higher Parent & Other asset write-offs, impairments, and related charges was due to a first quarter 2026 $(18 million) ($(14 million) after tax) non-cash impairment related to the expected sale of a non-utility business interest in the Independence power plant (considered an adjustment and excluded from adjusted earnings).

(m)

The year-to-date earnings decrease from higher Utility taxes other than income taxes was primarily due to increases in ad valorem taxes resulting from higher assessments and millage rate increases.

C: Utility operating and financial measures
Appendix C provides a comparison of Utility operating and financial measures.

Appendix C: Utility operating and financial measures

Second quarter and year-to-date 2026 vs. 2025

Second quarter

Year-to-date

2026

2025

%
change

% weather
adj. (n)

2026

2025

%
change

% weather
adj. (n)

GWh sold

Residential

8,736

8,899

(1.8)

2.8

16,792

17,683

(5.0)

(0.2)

Commercial

7,208

7,265

(0.8)

0.3

13,437

13,507

(0.5)

(0.1)

Governmental

617

617

-

1.6

1,172

1,176

(0.3)

0.3

Industrial

17,164

15,620

9.9

9.9

33,060

29,452

12.3

12.3

Total retail

33,725

32,401

4.1

5.7

64,461

61,818

4.3

5.9

Wholesale

3,338

4,133

(19.2)

6,127

5,767

6.2

Total

37,063

36,534

1.4

70,588

67,585

4.4

Number of electric retail customers

Residential

2,637,865

2,608,472

1.1

Commercial

374,149

371,699

0.7

Governmental

19,105

18,008

6.1

Industrial

39,892

41,227

(3.2)

Total

3,071,011

3,039,406

1.0

Other O&M and nuclear refueling outage exp. per MWh

$21.24

$20.33

4.4

$20.88

$21.28

(1.9)

Calculations may differ due to rounding

(n)

The effects of weather were estimated using hourly heating degree days and cooling degree days for the period from various locations and comparing to a "normal" temperature range for each jurisdiction based on 20-year historical data. The models used to estimate weather are updated periodically and are subject to change.

For the quarter, weather-adjusted retail sales increased 5.7 percent. The increase was primarily due to a 9.9 percent increase in industrial volume driven by higher sales to data center, primary metals, and chlor-alkali customers. Residential sales were 2.8 percent higher.

D: Consolidated financial measures
Appendix D provides comparative financial measures. Financial measures in this table include those calculated and presented in accordance with GAAP, as well as those that are considered non-GAAP financial measures.

Appendix D: GAAP and non-GAAP financial measures

2026 vs. 2025 (See Appendix F for reconciliation of GAAP to non-GAAP financial measures)

For 12 months ending June 30

2026

2025

Change

GAAP measure

  As-reported ROE

10.4 %

11.4 %

(1) %

Non-GAAP financial measure

  Adjusted ROE

10.5 %

11.5 %

(1) %

As of June 30 ($ in millions, except where noted)

2026

2025

Change

GAAP measures

  Cash and cash equivalents

3,854

1,176

2,678

  Available revolver capacity

4,346

4,345

1

  Commercial paper

1,544

459

1,085

  Total debt

34,749

30,522

4,227

  Junior subordinated debentures

2,500

1,200

1,300

  Securitization debt

213

230

(17)

  Total debt to total capital

65 %

65 %

-

   Storm escrows

314

303

11

Non-GAAP financial measures ($ in millions, except where noted)

  FFO to adjusted debt

15.8 %

15.1 %

0.7 %

  Adjusted debt to adjusted capitalization

63 %

63 %

-

  Adjusted net debt to adjusted net capitalization

60 %

62 %

(2) %

  Gross liquidity

8,200

5,521

2,679

  Net liquidity

10,026

7,631

2,395

  Adjusted Parent debt to total adjusted debt

18 %

17 %

1 %

  Build-to-suit lease agreement (o)

1,450

-

1,450

Calculations may differ due to rounding

(o)

Maximum counterparty commitment; see Form 10-K for the fiscal year ended Dec. 2025 for additional details.

E: Definitions and abbreviations and acronyms 
Appendix E-1 provides definitions of certain operating measures, as well as GAAP and non-GAAP financial measures.

Appendix E-1: Definitions

Utility operating and financial measures

Number of electric retail customers

Average number of electric customers over the period

Other O&M and refueling outage expense per MWh

Other operation and maintenance expense plus nuclear refueling outage expense per MWh of total sales

Financial measures – GAAP

As-reported ROE

Last twelve months net income attributable to Entergy Corp. divided by average common equity

Available revolver capacity

Amount of undrawn capacity remaining on corporate and subsidiary revolvers

Securitization debt

Debt on the balance sheet associated with securitization bonds that is secured by certain future customer collections

Total capitalization

Total debt plus subsidiaries' preferred stock without sinking fund plus total equity

Total debt

Sum of short-term and long-term debt, notes payable, and commercial paper

Total debt to total capitalization

Total debt divided by total capitalization

Financial measures – non-GAAP

Adjusted capitalization

Total capitalization excluding securitization debt

Adjusted debt

Total debt excluding securitization debt and 50% of junior subordinated debentures

Adjusted debt to adjusted capitalization

Adjusted debt divided by adjusted capitalization

Adjusted earnings (loss)

As-reported earnings (loss) minus adjustments

Adjusted EPS

Adjusted earnings (loss) divided by the diluted average number of common shares outstanding

Adjusted net capitalization

Adjusted capitalization minus cash and cash equivalents

Adjusted net debt

Adjusted debt minus cash and cash equivalents

Adjusted net debt to adjusted net capitalization

Adjusted net debt divided by adjusted net capitalization

Adjusted Parent debt

Entergy Corp. debt, including amounts drawn on credit revolver and commercial paper facilities plus unamortized debt issuance costs and discounts minus 50% of junior subordinated debentures

Adjusted Parent debt to total adjusted debt

Adjusted Parent debt divided by consolidated adjusted debt

Adjusted ROE

Last twelve months adjusted earnings divided by average common equity

Adjusted ROE excluding affiliate preferred

Last twelve months adjusted earnings, excluding dividend income from affiliate preferred as well as the after-tax cost of debt financing for preferred investment, divided by average common equity adjusted to exclude the estimated equity associated with the affiliate preferred investment

Adjustments

Unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses

FFO

Last twelve months OCF minus preferred dividend requirements of subsidiaries, working capital items in OCF (receivables, fuel inventory, accounts payable, taxes accrued, interest accrued, deferred fuel costs, customer advances – current, and other working capital accounts), 50% of interest on junior subordinated debentures, and securitization regulatory charges

FFO to adjusted debt

Last twelve months FFO divided by end of period adjusted debt

Gross liquidity

Sum of cash and cash equivalents plus available revolver capacity

Net liquidity

Sum of cash and cash equivalents, available revolver capacity, escrow accounts available for certain storm expenses, and equity sold forward but not yet settled minus commercial paper

Appendix E-2 explains abbreviations and acronyms used in the quarterly earnings materials.

Appendix E-2: Abbreviations and acronyms

A&G

ACM

ADIT

AFUDC

APSC

BESS

CAGR

CCCT

CCNO

CFO

COD

CT

CWIP

DCRF

DRM

E-AR

E-LA

E-MS

E-NO

E-TX

EPS

ETR

FFO

FRP

GAAP

GCRR

GGO

Grand Gulf or GGNS

Independence

LDC

Administrative and general expenses

Additional Capacity Mechanism

Accumulated deferred income taxes

Allowance for funds used during construction

Arkansas Public Service Commission

Battery and energy storage system

Compound annual growth rate

Combined cycle combustion turbine

Council of the City of New Orleans

Cash from operations

Commercial operation date

Combustion turbine

Construction work in progress

Distribution Cost Recovery Factor

Distribution Recovery Mechanism

Entergy Arkansas, LLC

Entergy Louisiana, LLC

Entergy Mississippi, LLC

Entergy New Orleans, LLC

Entergy Texas, Inc.

Earnings per share

Entergy Corporation

Funds from operations

Formula rate plan

U.S. generally accepted accounting principles

Generation Cost Recovery Rider

Geaux Green Option

Unit 1 of Grand Gulf Nuclear Station (nuclear), 90% owned or leased by SERI

Independence Steam Electric Station

Local distribution company

LPSC

LTM

MCRM

MISO

Moody's

MPSC

NDT

NYSE

O&M

OCAPS

OCF

OpCo

Other O&M

P&O

PMR

PPA
PUCT

RECs

RSHCR

ROE

RPCR

S&P

SEC

SERI

TAM

TCRF

TRM

VMR

WACC

Louisiana Public Service Commission

Last twelve months

MISO Cost Recovery Mechanism

Midcontinent Independent System Operator, Inc.

Moody's Ratings

Mississippi Public Service Commission

Nuclear decommissioning trust

New York Stock Exchange

Operation and maintenance

Orange County Advanced Power Station (CCCT)

Net cash flow provided by operating activities

Utility operating company

Other operation and maintenance expense

Parent & Other

Performance Management Rider

Power purchase agreement or purchased power agreement

Public Utility Commission of Texas

Renewable energy certificates

Resilience and Storm Hardening Cost Recovery

Return on equity

Resilience Plan Cost Recovery Rider

Standard & Poor's

U.S. Securities and Exchange Commission

System Energy Resources, Inc.

Tax Adjustment Mechanism

Transmission Cost Recovery Factor

Transmission Recovery Mechanism

Vegetation management rider

Weighted average cost of capital

F: Other GAAP to non-GAAP reconciliations
Appendix F-1, Appendix F-2, and Appendix F-3 provide reconciliations of various non-GAAP financial measures disclosed in this news release to their most comparable GAAP measure.

Appendix F-1: Reconciliation of GAAP to non-GAAP financial measures – ROE

(LTM $ in millions except where noted)

Second quarter

2026

2025

As-reported net income attributable to Entergy Corporation

(A)

1,797

1,760

Adjustments

(B)

(14)

(5)

Adjusted earnings (non-GAAP)

(C)=(A-B)

1,811

1,765

Average common equity (average of beginning and ending balances)

(D)

17,221

15,390

As-reported ROE

(A/D)

10.4 %

11.4 %

Adjusted ROE (non-GAAP)

(C/D)

10.5 %

11.5 %

 Calculations may differ due to rounding

Appendix F-2: Reconciliation of GAAP to non-GAAP financial measures – FFO to adjusted debt

($ in millions except where noted)

Second quarter

2026

2025

Total debt

(A)

34,749

30,522

Securitization debt

(B)

213

230

50% junior subordinated debentures

(C)

1,250

600

Adjusted debt (non-GAAP)

(D)=(A-B-C)

33,286

29,692

Net cash flow provided by operating activities, LTM

(E)

6,075

4,740

Preferred dividend requirements of subsidiaries, LTM

(F)

(18)

(18)

50% of the interest expense associated with junior subordinated debentures, LTM

(G)

(68)

(43)

Working capital items in net cash flow provided by operating activities, LTM:

Receivables

(30)

(84)

Fuel inventory

38

(1)

Accounts payable

226

208

Taxes accrued

69

18

Interest accrued

49

45

Deferred fuel costs

(139)

(216)

Customer advances – current

918

455

Other working capital accounts

(244)

(109)

Securitization regulatory charges, LTM

18

17

Total

(H)

904

332

FFO, LTM (non-GAAP)

(I)=(E-F-G-H)

5,257

4,469

FFO to adjusted debt (non-GAAP)

(I/D)

15.8 %

15.1 %

Calculations may differ due to rounding

Appendix F-3: Reconciliation of GAAP to non-GAAP financial measures – adjusted debt ratios; gross liquidity; and net liquidity

($ in millions except where noted)

Second quarter

2026

2025

Total debt

(A)

34,749

30,522

Securitization debt

(B)

213

230

50% junior subordinated debentures

(C)

1,250

600

Adjusted debt (non-GAAP)

(D)=(A-B-C)

33,286

29,692

Cash and cash equivalents

(E)

3,854

1,176

Adjusted net debt (non-GAAP)

(F)=(D-E)

29,432

28,516

Commercial paper

(G)

1,544

459

Total capitalization

(H)

53,289

47,050

Securitization debt

(B)

213

230

Adjusted capitalization (non-GAAP)

(I)=(H-B)

53,076

46,820

Cash and cash equivalents

(E)

3,854

1,176

Adjusted net capitalization (non-GAAP)

(J)=(I-E)

49,222

45,644

Total debt to total capitalization

(A/H)

65 %

65 %

Adjusted debt to adjusted capitalization (non-GAAP)

(D/I)

63 %

63 %

Adjusted net debt to adjusted net capitalization (non-GAAP)

(F/J)

60 %

62 %

Available revolver capacity

(K)

4,346

4,345

Storm escrows

(L)

314

303

Equity sold forward, not yet settled (p)

(M)

3,056

2,266

Gross liquidity (non-GAAP)

(N)=(E+K)

8,200

5,521

Net liquidity (non-GAAP)

(N-G+L+M)

10,026

7,631

Entergy Corporation notes:

Due September 2025

-

800

Due September 2026

750

750

Due June 2028

650

650

Due June 2030

600

600

Due June 2031

650

650

Due June 2050

600

600

Junior subordinated debentures due Dec. 2054

1200

1,200

Junior subordinated debentures due June 2056

700

-

Junior subordinated debentures due June 2056

600

-

Total Parent long-term debt

(O)

5,750

5,250

Revolver drawn

(P)

-

-

Unamortized debt issuance costs and discounts

(Q)

(53)

(42)

Total Parent debt

(R)=(G+O+P+Q)

7,242

5,667

Adjusted Parent debt (non-GAAP)

(S)=(R-C)

5,992

5,067

Adjusted Parent debt to total adjusted debt (non-GAAP)

(S/D)

18 %

17 %

Calculations may differ due to rounding

(p)

Reflects adjustments, including for common dividends between contracting and settlement.

SOURCE Entergy Corporation

Key Takeaways Entergy's Q2 sales estimate of $3.54 billion implies year-over-year growth of 6.2%.Higher retail, industrial and data-center demand may have supported Entergy's quarterly results.June storm outages in Louisiana likely increased Entergy's repair and restoration expenses. Entergy Corporation (ETR - Free Report) is scheduled to release its second-quarter 2026 earnings on July 29, before market open. The company delivered a negative earnings surprise of 3.37% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors to Consider Ahead of ETR’s Q2 ResultsMost of Entergy’s service regions experienced warmer-than-normal weather conditions in the second quarter. Such a weather pattern is likely to have boosted electricity demand from its customers for cooling purposes this summer. This might have improved Entergy’s top-line performance.

Higher retail and industrial sales, coupled with rising demand from data centers across its service territories, are likely to have supported its quarterly performance.

However, high winds, flash flooding and lightning in June caused widespread power outages across Louisiana. Although the company’s crews restored power to the majority of impacted customers, the related repair and restoration efforts may have increased operation and maintenance expenses in the to-be-reported quarter.

Q2 Expectations for EntergyThe Zacks Consensus Estimate for sales is pegged at $3.54 billion, which indicates year-over-year growth of 6.2%.

The consensus estimate for earnings per share stands at 96 cents, which implies a year-over-year decline of 8.6%.

What the Zacks Model Unveils for EntergyOur proven model does not conclusively predict an earnings beat for ETR this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.

Stocks to ConsiderInvestors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.

Ameren Corporation (AEE - Free Report) is scheduled to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +0.19% and a Zacks Rank of 2 at present.

AEE’s long-term (three to five years) earnings growth rate is 7.68%. The Zacks Consensus Estimate for earnings stands at $1.08 per share, which implies a year-over-year increase of 6.9%.

Edison International (EIX - Free Report) is slated to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +4.66% and a Zacks Rank of 2 at present.

EIX’s long-term earnings growth rate is 2.10%. The Zacks Consensus Estimate for earnings is pegged at $1.02 per share, which suggests a year-over-year rise of 5.2%.

The Southern Company (SO - Free Report) is set to report its second-quarter 2026 results on July 30, before market open. It has an Earnings ESP of +1.16% and a Zacks Rank of 3 at present.

SO’s long-term earnings growth rate is 11.15%. The Zacks Consensus Estimate for earnings stands at $1.01 per share, which calls for a year-over-year jump of 11%.

Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Entergy (ETR - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis power company is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents no change from the year-ago quarter.

Revenues are expected to be $3.56 billion, up 6.9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.01% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Entergy?For Entergy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -9.77%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Entergy will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Entergy would post earnings of $0.89 per share when it actually produced earnings of $0.86, delivering a surprise of -3.37%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Entergy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerFirstEnergy (FE - Free Report) , another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $0.54 for the quarter ended June 2026. This estimate points to a year-over-year change of +3.9%. Revenues for the quarter are expected to be $3.62 billion, up 7.2% from the year-ago quarter.

The consensus EPS estimate for FirstEnergy has been revised 0.7% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -11.66%.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that FirstEnergy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable July 15, 2026, to shareholders of record as of July 2, 2026.

About Entergy Texas

Entergy Texas (NYSE: ETI-PR) provides electricity to approximately 538,000 customers in 27 counties. Its customers are connected to the Midcontinent Independent System Operator Inc. power grid, which is a regional transmission organization responsible for administering the transmission systems of member utilities in 15 states stretching across the central region of the United States and Manitoba, Canada. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR). Entergy generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We're also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, Entergy delivers more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at EntergyTexas.com and connect with @EntergyTX on social media.

SOURCE Entergy Corporation

Also from this source

Entergy (ETR - Free Report) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -3.22%. A quarter ago, it was expected that this power company would post earnings of $0.51 per share when it actually produced earnings of $0.51, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Entergy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.19 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.08%. This compares to year-ago revenues of $2.85 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Entergy shares have added about 22.4% since the beginning of the year versus the S&P 500's gain of 4.3%.

What's Next for Entergy?While Entergy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Entergy was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.07 on $3.53 billion in revenues for the coming quarter and $4.40 on $13.83 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Southern Co. (SO - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on April 30.

This power company is expected to post quarterly earnings of $1.21 per share in its upcoming report, which represents a year-over-year change of -1.6%. The consensus EPS estimate for the quarter has been revised 3.2% lower over the last 30 days to the current level.

Southern Co.'s revenues are expected to be $8.12 billion, up 4.4% from the year-ago quarter.

Entergy Corporation (ETR) Q1 2026 Earnings Call Transcript

, /PRNewswire/ -- Entergy Corporation (NYSE: ETR) announced today the pricing of a registered underwritten offering of 19,247,788 shares of its common stock at a price to the public of $113.00 per share. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Wells Fargo Securities, Citigroup, Barclays and Scotiabank are acting as joint book-running managers and representatives for this offering. BNP Paribas, BofA Securities, J.P. Morgan, Mizuho, Morgan Stanley  and MUFG are also acting as joint book-running managers for this offering. Closing of this offering is expected to occur on or about May 7, 2026.

In connection with the offering, Entergy entered into forward sale agreements with each of Wells Fargo Bank, National Association, Citibank, N.A., Barclays Bank PLC and The Bank of Nova Scotia (the "forward counterparties") under which Entergy agreed to issue and sell to the forward counterparties an aggregate of 19,247,788 shares of its common stock. In addition, the underwriters of the offering have been granted a 30-day option to purchase up to an additional 2,887,168 shares of Entergy's common stock upon the same terms. If the underwriters exercise their option to purchase additional shares of Common Stock, Entergy expects to enter into additional forward sale agreements with the forward counterparties with respect to the additional shares.

Settlement of the forward sale agreements is expected to occur on or prior to April 30, 2028. Entergy may, subject to certain conditions, elect cash settlement or net share settlement for all or a portion of its rights or obligations under the forward sale agreements.

If Entergy elects physical settlement of the forward sale agreements, it expects to use the net proceeds for general corporate purposes, which may include repayment of commercial paper, outstanding loans under Entergy's revolving credit facility or other debt.

The offering is being made pursuant to Entergy's effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). The prospectus supplement and the accompanying base prospectus related to the offering will be available on the SEC's website at www.sec.gov. Copies of the prospectus supplement and the accompanying base prospectus relating to the offering may be obtained from the joint-book running managers for the offering as follows:

Wells Fargo Securities, LLC
90 South 7th Street, 5th Floor
Minneapolis, Minnesota 55402
Email: [email protected]
Tel: 800-645-3751 (option #5)

Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Tel: 800-831-9146

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Email: [email protected]
Tel: 888-603-5847

Scotia Capital (USA) Inc.
250 Vesey Street, 24th Floor
New York, New York 10281
Attention: US ECM
Email: [email protected]

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. The offering of these securities will be made only by means of a prospectus and a related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Entergy

Entergy Corporation is an integrated energy company engaged in electric power production, transmission and energy delivery to retail customers. Entergy owns and operates power plants with approximately 25,000 megawatts of electric generating capacity. Entergy delivers electricity to approximately 3.1 million utility customers through its operating companies in Arkansas, Louisiana, Mississippi and Texas.

Entergy is traded on the New York Stock Exchange under the symbol ETR.

Forward-looking statements

This press release contains forward-looking statements regarding our planned offer and sale of common stock and the use of the net proceeds from any such sale. We cannot be sure that we will complete the offering or, if we do, on what terms we will complete it. Forward-looking statements are based on current beliefs and expectations and are subject to inherent risks and uncertainties. In addition, Entergy management retains broad discretion with respect to the allocation of net proceeds of the offering. The forward-looking statements speak only as of the date of release, and Entergy is under no obligation to, and expressly disclaims any such obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

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Investor inquiries:
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[email protected]

Media inquiries:
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SOURCE Entergy Corporation

ETR leans on its nuclear portfolio and a $57 billion grid plan to drive demand and reliability, but regulatory risks and efficiency trends persist.

AUSTIN, Texas--(BUSINESS WIRE)--Futurum Group, a leading technology advisory, research, and intelligence firm, today announced the signing of a definitive agreement to acquire Aptiviti, Inc., the parent company of Enterprise Technology Research (ETR). Upon closing, the strategic acquisition will merge ETR’s highly coveted, predictive quantitative data engine—long considered a gold standard by institutional investors—with Futurum Group’s deep market expertise, media properties, and global intelligence platform.

The world’s top institutional investors have relied on ETR’s data to predict market-moving shifts in technology spending before they show up in earnings. We now bridge the gap between Silicon Valley and Wall Street and vice versa.

Share For over a decade, ETR has been the silent engine behind some of Wall Street’s most successful technology investors. Through its proprietary Technology Spending Intentions Survey (TSIS), ETR captures forward-looking capital allocation data from a vetted community of nearly 10,000 enterprise technology leaders representing over $2 trillion in spending power.

Following the robust adoption of the Futurum Intelligence Platform™ in 2025, users and decision makers find unmatched real time data capabilities covering 11 tech practice areas. Customers who’ve been consuming dynamic intelligence based on over 6M existing data points will now gain a leading and powerful set of indicators to forecast vendor performance across their ecosystem, track sales preference signals across verticals, and ultimately enable them to generate alpha in a volatile tech market.

"ETR was founded on the belief that data, not opinion, should drive the most consequential technology decisions. I joined this company as one of its first employees in 2012, and returning as CEO in 2024 gave me a front-row seat to just how far that conviction had taken us. The result is a community of nearly 10,000 technology leaders, more than 15 years of proprietary data, and a methodology that the world's top investors and technology companies rely on to stay ahead of the market,” said Brad LaScolea, CEO of ETR. “Combining that foundation with Futurum Group’s analyst depth, reach, and intelligence platform creates something genuinely differentiated and long overdue for the market."

"For years, the world’s top institutional investors have relied on ETR’s raw data to predict market-moving shifts in technology spending before they show up in earnings," said Daniel Newman, CEO of Futurum Group. "Through this acquisition, we are bridging the gap between Silicon Valley and Wall Street and vice versa. We are proud to offer the financial markets an ultimate edge while further enhancing the power of intelligence that enterprises are accustomed to having with Futurum Group: predictive, quantitative alpha generated by ETR with the strategic, qualitative context of our global analyst team. I’m personally proud to have Futurum Group innovate and spearhead the reimagined mandate firms have in the AI era, leading at the forefront to offer this level of unified market intelligence."

Futurum Intelligence’s latest proprietary AI offerings unveiled this year are eye opening to customers, allowing them to prompt AI to answer questions grounded in Futurum Group’s research and buyer data such as vendor comparisons, brief your board, and pressure-test strategy — in minutes, not weeks.

The combined platform includes the following benefits and capabilities:

Institutional-Grade Predictive Power: ETR’s standardized, longitudinal TSIS survey captures spending intentions across hundreds of publicly traded and private technology vendors. Decision makers use this proprietary data as an unparalleled, forward-looking lens into which companies are gaining or losing market share, compared to those benefiting from or impacted by secular and/or macro-level spending headwinds. Deep Penetration in Financial Services: ETR's established clientele includes a who's-who of tier-one hedge funds, mutual funds, family offices, private equity, and venture capital firms. This acquisition formally solidifies Futurum’s footprint on Wall Street, expanding its ecosystem far beyond traditional technology vendors and enterprise C-suites to directly serve the financial markets. The Ultimate Due Diligence Engine: By integrating ETR's data with Futurum Group’s existing platform, decision makers now have a comprehensive tool for robust market positioning, buying and adoption trajectories, M&A due diligence, competitive benchmarking, idea generation, and investment thesis validation. Contextualizing the Quant: While users have historically used ETR to answer what is happening with technology budgets, Futurum Group’s 11 practice areas and expert analysts provide the critical why. Clients now receive the quantitative signal and the qualitative context in a single, frictionless engagement. To learn more and request your access, visit Futurum Group and Futurum Intelligence

About Futurum Intelligence

Futurum Intelligence, the research arm of Futurum Group company, analysts, researchers, and advisors helps business leaders worldwide anticipate tectonic shifts in their industries and leverage disruptive innovation.

Unlike traditional analysts, Futurum Group works not only in analysis and research but also takes that insight and knowledge even further, engaging all the way through the go-to-market process. Futurum Group provides in-depth research and insights on global technology markets using advisory services, custom research reports, strategic consulting engagements, digital events, go-to-market planning, and message testing. It also creates, distributes, and amplifies rich media content that all stakeholders read, watch, and listen to.

About ETR, an Aptiviti Inc company

Enterprise Technology Research (ETR) is an enterprise technology market research firm that delivers actionable, transparent, and unbiased insights to technology companies, institutional investors, and a trusted community of technology leaders, empowering them to make smarter, faster decisions. ETR’s proprietary approach is grounded in their vision to reinvent technology market research so that business leaders can strategically position their organizations to outperform the competition. In fact, no other firm harnesses the same scale and makeup of their vetted community to quickly deliver the unbiased data and analysis that financial and enterprise organizations need to achieve better outcomes. Bottom line: ETR ensures companies can access the data and gain the edge.

On June 01, 2026, Entergy Corp ETR shares fell 3.7% today, closing at $104.97. This decline is part of a broader trend, with the stock experiencing a 6.6% drop over the past week and a 9.8% decline over the past month. Over the last year, however, ETR shares have gained 29.3%, and they are up 14.9% year-to-date. The stock has fluctuated between a 52-week high of $118.45 and a low of $80.11.

GF Value™ verdict: Current price of $104.97 compared to GF Value™ of $78.99 indicates a 32.9% overvaluation.GF Score™: 76/100 (Above Average), suggesting solid fundamentals.Most notable signal: No insider transactions in the last 3 months, indicating a lack of confidence from insiders. Is ETR Overvalued or Undervalued? With a current price of $104.97 and a GF Value™ estimate of $78.99, Entergy Corp appears significantly overvalued, with a 32.9% margin of safety. The GF Valuation label indicates that the stock is "Significantly Overvalued," posing potential risks for investors who may be considering entering or holding onto the stock. The overvaluation suggests that the market may have priced in optimistic growth expectations or a premium for the company's stable utility business, which might not be justified by its underlying financials.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Investors should exercise caution as the stock's current price reflects a significant premium over its estimated intrinsic value, increasing the risk of potential price corrections if the company's performance does not meet high expectations.

How Does ETR's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 26.8x 18.7x Forward P/E 23.9x N/A Entergy Corp's current P/E ratio of 26.8x is significantly above its 5-year median P/E of 18.7x, indicating that the stock is trading at a premium compared to its historical valuation metrics. The forward P/E of 23.9x also suggests that expectations for earnings growth are high. This P/E analysis aligns with the GF Value™ verdict of being overvalued, reinforcing concerns that the stock may not deliver the growth necessary to justify its current price levels.

What Does ETR's GF Score™ Tell Us? Metric Rating GF Score™ 76/100 Financial Strength 4/10 Profitability 7/10 Growth 6/10 Valuation 5/10 Momentum 6/10 The GF Score™ of 76/100 indicates that Entergy Corp is positioned above average in terms of overall stock quality. The strongest area lies in profitability, with a score of 7/10, reflecting the company's ability to generate consistent earnings. However, financial strength is a concern, earning only a 4/10 rating, which may indicate vulnerabilities in the company's capital structure or liquidity. The scores in growth, valuation, and momentum are moderate, suggesting that while there are positive aspects to the company's performance, there is room for improvement in several key areas.

What Are Insiders Doing with ETR Stock? There have been no insider transactions reported in the last three months for Entergy Corp, which may suggest a lack of confidence among company executives or board members regarding the stock's current valuation. Insider activity can often serve as a barometer for investor sentiment, and the absence of recent trades might indicate that insiders are either holding their positions or do not see an attractive entry point at current price levels.

What This Means for Investors Based on the analysis of the GF Value™, Entergy Corp ETR is currently overvalued. With a significant premium over its estimated intrinsic value and a concerning P/E ratio compared to historical averages, the stock may pose risks for potential investors. Caution is advised, given the lack of recent insider activity and the company's mixed financial metrics.

For the complete analysis, visit the Entergy Corp ETR stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is ETR's GF Score™?

ETR's GF Score™ is 76/100, indicating that the stock is positioned above average in terms of overall quality and is expected to generate higher long-term returns based on historical performance.

Is ETR overvalued or undervalued?

ETR is currently overvalued, with a GF Value™ of $78.99 compared to its current price of $104.97, suggesting a significant margin of safety of 32.9%.

What is ETR's P/E ratio?

ETR's P/E ratio is 26.8x, which is 43% above its 5-year median P/E of 18.7x, indicating that the stock is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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Entergy CEO Drew Marsh said the rapid buildout of data centers doesn't have to be a burden for residential communities.

"Data centers really want to be good neighbors," Marsh said on CNBC's "Mad Money" on Tuesday. "They have reputations that they want to protect, and they want to be part of the community."

The surge in AI-related power demand has sparked concerns among policymakers and homeowners that residential customers could end up footing the bill for data centers. Marsh said Entergy's approach is designed to avoid that outcome by requiring data center operators to cover the costs of serving their facilities while also contributing to expenses that would otherwise be shared across the utility's customer base.

The electric utility company — which serves customers across Louisiana, Arkansas, Mississippi and Texas — has adopted what it calls a "Fair Share Plus" framework for large data center customers.

"The Fair Share part says that they are going to pay all of the incremental infrastructure costs during the life of their contract as needed to support them," Marsh said.

Marsh added that the framework goes beyond requiring data centers operators to simply pay for the infrastructure they use.

"The plus part is that they are also covering some of the fixed costs," Marsh said. "That means overhead costs and storm costs that our existing customers would have already been paying."

At Entergy's investor day Tuesday, Marsh said those provisions are expected to generate roughly $7 billion in savings for existing customers over the 15 to 20-year life of the contracts.

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