ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ETR Entergy Corp

107.21
0.04 (0.04%)
Last Updated: 16:54:47
Delayed by 15 minutes
Share Name Share Symbol Market Type
Entergy Corp NYSE:ETR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.04 0.04% 107.21 107.30 105.855 106.53 250,386 16:54:47

Entergy Corp. Swings to Loss on Impairment Charges

15/02/2017 1:59pm

Dow Jones News


Entergy (NYSE:ETR)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Entergy Charts.
   By Ezequiel Minaya 
 

Entergy Corp. swung to a fourth-quarter loss after posting impairment charges in its wholesale commodities unit, but the company's adjusted earnings were stronger than expected.

Entergy reported a quarterly loss of $1.77 billion, or $9.88 a share, compared with a profit of $99.6 million, or 56 cents a share. On an adjusted basis, earnings slipped to 31 cents a share from $1.58 a year ago.

Analysts surveyed by FactSet expected adjusted earnings of 12 cents a share.

The company said its revenue from utilities was $1.42 billion, up from $1.81 billion in the year-earlier quarter.

For the current year, the company said it expects operational earnings of $4.75 to $5.35 a share and an adjusted profit of $4.25 to $4.55 a share. Analysts surveyed by Thomson Reuters expect adjusted earnings of $4.53.

Shares of Entergy were inactive premarket.

 

Write to Ezequiel Minaya at Ezequiel.Minaya@wsj.com

 

(END) Dow Jones Newswires

February 15, 2017 08:44 ET (13:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

1 Year Entergy Chart

1 Year Entergy Chart

1 Month Entergy Chart

1 Month Entergy Chart

Your Recent History

Delayed Upgrade Clock