Entergy Q3 2024 Adj. EPS $2.99 Beats $2.97 Estimate, Sales $3.389B Miss $3.663B Estimate
Portfolio Pulse from Benzinga Newsdesk
Entergy's Q3 2024 earnings per share beat estimates, but sales fell short. EPS was $2.99, slightly above the $2.97 estimate, but down from $3.27 last year. Sales were $3.389 billion, missing the $3.663 billion estimate and down from $3.596 billion last year.
October 31, 2024 | 10:43 am
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Entergy's Q3 2024 EPS of $2.99 beat expectations, but sales of $3.389 billion missed estimates. Both EPS and sales declined compared to last year.
Entergy's earnings per share slightly exceeded expectations, which is positive, but the miss on sales and the year-over-year decline in both EPS and sales could offset the positive sentiment. This mixed result may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100