Entergy Corp. (ETR)
NYSE:ETR
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.13Last Year’s EPS
1.05Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was largely positive: management reported solid Q1 adjusted EPS ($0.86), strong industrial and retail sales growth (15% industrial; 6% retail in Q1), a transformational Meta agreement (fair-share value $2B and part of an estimated $7B of benefits), and materially expanded growth visibility (4-year plan to $57B, 8.5% retail CAGR through 2029). Operational wins (plant milestone, $30M transmission savings) and proactive financing/credit positioning (30% of equity need contracted; FFO-to-debt at or above 15%) support the outlook. Key risks noted include higher near-term costs (depreciation, taxes, interest), Q2 O&M pressure (+$0.15/share), large incremental capex that increases future financing and execution needs, and unresolved cost/risk challenges for new nuclear. On balance, highlights and growth drivers materially outweigh the noted challenges.Company Guidance
Strong Q1 Adjusted EPS and Guidance Momentum
Reported first quarter adjusted EPS of $0.86. 2026 guidance affirmed and management raised multi-year adjusted EPS outlooks (incremental +$0.20 for next year and +$0.50 by 2029 to $6.40). Management expects ~12% year-over-year adjusted EPS growth from 2028 to 2029 and similar for 2030.
Major Meta Agreement and Fair Share Plus Benefits
Signed new electric service agreement with Meta; fair-share value from that agreement alone is expected to be $2.0 billion and is included in the company’s previously communicated ~$7.0 billion of customer benefits from data center agreements. Meta committed $140 million to energy efficiency and $60 million to Power to Care (Entergy Louisiana will match to bring Power to Care to $120 million).
Robust Retail and Industrial Sales Growth
Overall retail sales increased 6% in Q1. Industrial sales grew 15% year-over-year in Q1 and management now expects ~8.5% compound annual retail sales growth through 2029 driven by ~16% industrial growth.
Expanded Four-Year Capital Plan with Financing Progress
Four-year capital plan increased to $57 billion (up ~$14 billion this quarter, largely tied to the Meta agreement). Equity need at the lower end of target is $6.6 billion (10%–15% target range); ~$1.9 billion of equity already contracted (~30% of four-year need covered), leaving ~$4.7 billion to source later (late 2027–2029). Forecast includes $3.0 billion of hybrid instruments at parent.
Cancerous Pipeline and New ESAs
Signed ESAs totaling over 1,000 MW this year across multiple industries. Enterprise pipeline still shows 7–12 GW of potential data center demand that is not yet in the plan, indicating significant additional growth optionality.
Operational Milestones and Cost Savings
Orange County Advanced Power Station achieved first fire milestone and is expected fully online in late summer. Power delivery team identified >$30 million in capital savings on a 230 kV project through improved design—an innovation applicable to future large transmission projects.
Renewables and Storage Activity
Active RFPs for >1,600 MW of renewables and storage and >4,500 MW of renewables/storage in various negotiation stages (roughly two-thirds of megawatts in negotiation would be owned). Management is actively managing projects through an accelerated Louisiana review process.
Regulatory and Customer-Focused Outcomes
Filed Entergy Louisiana asset application tied to Meta (commission moving on an accelerated 'Lightning' schedule with potential decision by December). Entergy Arkansas filed a modest base rate request ($45 million, <2%; residential impact <1%) with customer-facing features (time-of-use option, low-income discounts). Mississippi authorized securitization for Winter Storm Fern costs (~$200 million estimated) which management expects will lower customer costs.
ETR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ETR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $112.55 | $114.05 | +1.33% |
Feb 12, 2026 | $99.66 | $101.41 | +1.76% |
Oct 29, 2025 | $93.26 | $93.70 | +0.46% |
Jul 30, 2025 | $86.04 | $87.06 | +1.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Entergy Corp. (ETR) report earnings?
Entergy Corp. (ETR) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Entergy Corp. (ETR) earnings time?
Entergy Corp. (ETR) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ETR EPS forecast?
ETR EPS forecast for the fiscal quarter 2026 (Q2) is 1.13.