Entergy Earnings Preview: Analyts Expect Higher EPS, Revenue from Prior Quarter
Entergy (NYSE: ETR) announces its next round of earnings this Tuesday, August 2, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report.
Earnings and Revenue:
Analysts are predicting an EPS reading of $1.76 per share and revenues of $2.93 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's positive EPS of $1.71 per share on revenues of $2.86 billion. Can Entergy manage the estimated 2.9% rise in EPS and 2.4% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Tuesday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 | Q4 | Q3 | Q2 |
| EPS Estimate | $1.37 | $1.29 | $2.73 | $1.68 |
| EPS Actual | $1.38 | $1.30 | $2.76 | $1.71 |
Stock Performance:
As of July 27, 2011, Entergy's current share price was $68.14. Since January 1st, shares of Entergy have declined 1.5%. For a full 12 months, the return has declined by 7.7%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
- Long-term shareholders are already wary of 12-month losses prior to the announcement
Average Stock Rating:
The average rating by analysts for Entergy is a Hold. Over the past three months this rating's strength has declined slightly.
Competitors:
Want to check out the performance of Entergy closest competitors? Take a look at some of the company's peers in the utilities sector.
- American Electric Power Company (NYSE: AEP): Hold with a $0.82 recent quarter EPS
- Cleco (NYSE: CNL): Hold with a $0.47 recent quarter EPS
- El Paso Electric Company (NYSE: EE): Hold with a $0.16 recent quarter EPS
- Exelon (NYSE: EXC): Hold with a $1.17 recent quarter EPS
The utility-electric power company's industry has seen price/earnings growth of 2.6% during the current fiscal year.
Finally, a description of the company's main areas of operation: Entergy is an energy company involved in electric power production and retail electric distribution operations.
Take Action:
Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
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