Entergy (ETR) Misees Q1 Earnings And Revenue Estimates

Zacks Investment Research | May 01, 2019 07:52AM ET

New Orleans, LA based Entergy Corporation (NYSE:ETR) is primarily engaged in electric power production and retail distribution of power. Entergy's disciplined investments in growth projects are expected to be the major drivers for earnings over the long haul.

However, the company depends upon rate relief at regular intervals and any adverse decision can materially impact the company’s earnings.

Surprise History

Coming to the earnings surprise, Entergy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 22.21%.

Zacks Rank: Currently, Entergy sports a Zacks Rank #3 (Hold) but that could change following its first-quarter 2019 earnings report which has just released. You can see Entergy Corporation Quote

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Written By: Zacks Investment Research

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