Entergy (NYSE:ETR) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Entergy missed estimated earnings by 3.65%, reporting an EPS of $1.32 versus an estimate of $1.37.
Revenue was up $33.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.31% drop in the share price the next day.
Here's a look at Entergy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.70 | 2.45 | 1.40 | 1.21 |
| EPS Actual | 0.76 | 2.45 | 1.34 | 1.47 |
| Revenue Estimate | 2.13B | 3.18B | 2.57B | 2.48B |
| Revenue Actual | 2.72B | 3.35B | 2.82B | 2.85B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Entergy management provided guidance for FY 2022, expecting earnings between $6.15 and $6.45 per share.
To track all earnings releases for Entergy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
