Valued at a market cap of $37.5 billion, Entergy Corporation (ETR) is an integrated energy company that generates, transmits, and distributes electricity. The New Orleans, Louisiana-based company generates electricity from various sources, including gas, nuclear, coal, hydro, and solar power. It is scheduled to announce its fiscal Q2 earnings for 2025 before the market opens on Wednesday, Jul. 30.
Before this event, analysts project this utility company to report a profit of $0.84 per share, down 12.5% from $0.96 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $0.82 per share in the previous quarter outpaced the consensus estimates by a notable margin of 32.3%.
For the full year, analysts expect ETR to report EPS of $3.88, up 6.3% from $3.65 per share in fiscal 2024. Its EPS is expected to further grow 12.4% year-over-year to $4.36 in fiscal 2026.
Shares of ETR have rallied 59.5% over the past 52 weeks, considerably outpacing both the S&P 500 Index's ($SPX) 13.4% return and the Utilities Select Sector SPDR Fund’s (XLU) 20.3% uptick over the same time frame.
On Apr. 29, shares of Entergy plunged 1.8% after its mixed Q1 earnings release. The company’s overall revenue grew 1.9% year-over-year to $2.8 billion, but missed the consensus estimates by 5.9%. However, on the brighter side, its adjusted EPS of $0.82 advanced 51.9% from the year-ago quarter, topping Wall Street estimates by a notable margin of 32.3%. Looking ahead, the company reaffirmed its fiscal 2025 adjusted earnings guidance in the range of $3.75 to $3.95 per share.
Wall Street analysts are moderately optimistic about ETR’s stock, with an overall "Moderate Buy" rating. Among 18 analysts covering the stock, 12 recommend "Strong Buy," and six suggest "Hold.” The mean price target for ETR is $90.91, indicating a 2.7% potential upside from the current levels.
