Entergy Q3 2024 Adj. EPS $2.99 Beats $2.97 Estimate
Portfolio Pulse from Benzinga Newsdesk
Entergy reported Q3 2024 adjusted earnings per share of $2.99, slightly surpassing the analyst estimate of $2.97. However, this represents an 8.56% decline from the previous year's earnings of $3.27 per share.
October 31, 2024 | 10:32 am
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NEUTRAL IMPACT
Entergy's Q3 2024 earnings per share of $2.99 exceeded expectations but showed a decline from last year's $3.27. This mixed result may lead to a neutral short-term stock price impact.
The earnings beat the consensus estimate, which is typically positive for stock prices. However, the year-over-year decline in earnings could offset this positive news, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100