With a market cap of $28.8 billion, Entergy Corporation (ETR) operates primarily in the electric power production and retail distribution sector. It serves over 3 million customers across Arkansas, Louisiana, Mississippi, and Texas, with a generation capacity of around 24,000 megawatts through various sources, including gas, nuclear, and renewables. The New Orleans, Louisiana-based company is expected to announce its fiscal Q3 earnings results before the market opens on Thursday, Oct. 31.
Ahead of this event, analysts expect the power company to report a profit of $2.99 per share, down 8.6% from $3.27 per share in the previous year's quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. ETR exceeded the consensus EPS estimate by 8.5% in the most recent quarter.
