Entergy Corporation (ETR) Earnings
Entergy Corporation is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $1.08. ETR has beaten EPS estimates in 7 of its last 11 reported quarters (average surprise +2.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $0.84 | $0.86 | +2.4% | $3.2B | +10.3% |
| Feb 12, 2026 | $0.52 | $0.51 | -2.3% | $3.0B | +6.5% |
| Oct 29, 2025 | $1.43 | $1.53 | +7.0% | $3.8B | +2.4% |
| Aug 1, 2025 | — | $1.06 | — | $3.3B | — |
| Feb 18, 2025 | $0.64 | $0.66 | +3.9% | $2.7B | -14.0% |
| Oct 31, 2024 | $1.48 | $1.50 | +1.4% | $3.4B | -8.1% |
| Aug 1, 2024 | $1.76 | $0.96 | -45.5% | $3.0B | -3.6% |
| Apr 24, 2024 | $1.43 | $0.54 | -62.2% | $2.8B | -11.6% |
| Feb 22, 2024 | $0.28 | $0.26 | -7.1% | $2.7B | -31.3% |
| Nov 1, 2023 | $1.49 | $1.64 | +10.1% | $3.6B | -16.5% |
| Aug 2, 2023 | $0.85 | $0.92 | +8.2% | $2.8B | -16.5% |
| Feb 16, 2023 | $0.23 | $0.26 | +13.0% | $3.3B | +45.6% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 29, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Drew mentioned the company had a productive first quarter with strong financial results. They launched the Fair Share Plus pledge, which ensures data centers pay their fair share plus community benefits. They announced a new electric service agreement with Meta for a data center in North Louisiana with significant fair share and plus components. So far this year, they have signed ESAs totaling over 1,000 megawatts. Operational highlights include Orange County Advanced Power Station achieving its first fire milestone, and the power delivery team identifying over $30 million in capital savings on the Commodore to Churchill 230 kV project. They also discussed their customer-centric four-year capital plan of $57 billion, which is $14 billion higher than previous, including investments from the Meta agreement.
Guidance
2026 guidance remains on track, and they are increasing adjusted EPS outlooks driven by 8.5% retail sales growth. They affirmed 2026 adjusted EPS guidance and updated outlooks, with adjusted EPS outlook for next year now 20 cents higher, growing radically to $6.40 by 2029. They expect approximately the same year-over-year adjusted earnings per share growth from 2029 to 2030.
Segment performance
First quarter adjusted earnings per share was 86 cents. Industrial sales growth was very strong at 15% as new and expansion projects continued to ramp up their operations. Overall retail sales increased 6%. The earnings contribution from retail sales growth was essentially neutral as higher revenue from the industrial growth was offset by the effects of weather. The META contract creates significant customer and community benefits, and the company is refreshing outlooks to reflect the new agreement with approximately 8.5% compound annual retail sales growth through 2029 driven by 16% industrial growth, with data centers being a significant driver along with growth from various traditional Gulf South industries.
Risks & headwinds
New nuclear has significant challenges from a cost and cost uncertainty perspective, posing financial risk to the balance sheet of Entergy Louisiana or operating companies. There are also risks associated with the construction and financial aspects of new nuclear projects.