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Entergy sees hefty increase in earnings

NEW ORLEANS — Entergy Corporation reported second quarter 2010 as-reported earnings of $315.3 million, or $1.65 per share, compared with $226.8 million, or $1.14 per share, for second quarter 2009.

On an operational basis, Entergy’s second quarter 2010 earnings were $325.7 million, or $1.71 per share, compared with $244 million, or $1.23 per share, in second quarter 2009.

Jackson-based Entergy Nuclear’s earnings increased as a result of higher net revenue resulting primarily from higher generation due to fewer planned and unplanned outage days and the absence of significant impairments associated with decommissioning trusts recorded in second quarter 2009.

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