Valued at $34 billion by market cap New Orleans, Louisiana-based Entergy Corporation (ETR) engages in the production and retail distribution of electricity in the United States. The company’s power plants have approximately 24,000 megawatts of electric generating capacity.
The utility giant is expected to release its first-quarter results before the markets open on Wednesday, Apr. 23. Ahead of the event, analysts expect ETR to report a non-GAAP profit of $0.60 per share, representing a significant 11.1% growth from $0.54 per share reported in the year-ago quarter. While the company has missed Street’s earnings estimates once over the past four quarters, it has surpassed the projections on three other occasions.
