Home » NEWS » Energy » Entergy reports improvement in quarterly earnings

Entergy reports improvement in quarterly earnings

NEW ORLEANS — Entergy Corporation expects second quarter 2011 as-reported and operational earnings of approximately $1.75 per share.

Results for second quarter 2010 were $1.65 per share on an as-reported basis and $1.71 per share on an operational basis. Entergy also affirmed its previously issued earnings guidance for 2011.

Entergy reports the second quarter 2011 earnings improvement was due to higher earnings at Utility and Parent & Other, partially offset by lower results at Entergy Wholesale Commodities.

Second quarter 2011 earnings also reflect accretion from Entergy’s share repurchase programs.

Source: Entergy


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply

Your email address will not be published. Required fields are marked *