Entergy Q1 Adj. EPS $1.08 Misses $1.51 Estimate
Portfolio Pulse from Benzinga Newsdesk
Entergy (NYSE:ETR) reported Q1 adjusted earnings per share of $1.08, missing the consensus estimate of $1.51 by 28.48%. This represents a 5.26% decrease from the $1.14 per share reported in the same period last year.
April 24, 2024 | 10:40 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Entergy's Q1 earnings per share of $1.08 missed the analyst consensus of $1.51, a 28.48% miss, and a 5.26% decrease from last year's $1.14.
Missing the consensus earnings estimate by a significant margin of 28.48% and reporting a year-over-year decrease in earnings per share is likely to negatively impact investor sentiment and the stock price of Entergy in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100