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| 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 | |
|---|---|---|---|---|---|---|---|---|
| 0.31 | 0.29% | 106.98 | 107.88 | 105.035 | 105.50 | 1,232,646 | 01:00:00 |
From May 2019 to May 2024
By Colin Kellaher
Entergy Corp. (ETR) Wednesday reported second-quarter profit that missed expectations amid less favorable weather and higher spending, but the utility holding company said it still expects to meet its full-year earnings forecast.
The New Orleans company reported net income of $236 million, or $1.22 a share, for the quarter, down from $245 million, or $1.34 a share, a year earlier.
On an adjusted basis, Entergy reported a profit of $1.35 a share for the quarter. Analysts polled by FactSet, on average, were expecting adjusted earnings of $1.39 a share.
"Our results for the quarter keep us well-positioned to achieve our full-year financial guidance," Entergy said.
The company narrowed its 2019 adjusted earnings guidance to $5.15 to $5.45 a share from a previous range of $5.10 to $5.50 a share. Analysts polled by FactSet are expecting an adjusted profit of $5.28 a share for the year.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 31, 2019 08:18 ET (12:18 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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