Strong Financial Performance
Entergy reported 2024 adjusted EPS of $3.65, which is in the top half of their guidance range. They anticipate a compound annual growth rate of industrial sales at 12% to 13% from 2024 through 2028.
Industrial Segment Growth
Industrial sales were up 8% for the year and 15% for the fourth quarter. Entergy added two large hyperscale data centers to their outlook in 2024.
Capital Investment Increase
Entergy plans to invest $37 billion over the next four years, with significant investments in renewable and gas projects.
Regulatory Approvals and Settlements
Entergy concluded several regulatory processes, including final approvals of the SERI settlements and resilience investment approvals in Louisiana, Texas, and New Orleans.
Credit Metrics Improvement
Entergy's book FFO to adjusted debt was 14.7%, and S&P upgraded Series issuer credit rating one notch to BBB-.