Earnings Preview: Entergy's EPS, Revenue Expected to Rise
Entergy (NYSE: ETR) announces its next round of earnings this Tuesday, November 1, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report.
Earnings and Revenue:
Wall Street expects an EPS of $3.27/share and revenues of $3.47 billion. Entergy's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $2.76/share on revenues of $3.33 billion. We'll know on Tuesday whether the company has managed the estimated 18.5% increase in EPS and 4.2% rise in revenues on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $1.75 | $1.37 | $1.29 | $2.73 |
| EPS Actual | $1.76 | $1.38 | $1.30 | $2.76 |
Stock Performance:
As of October 26, 2011, Entergy's current share price was $68.91. Shares are up 1% year to date. For a full 12 months, the return has declined by 1.6%. 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 is a Hold. This rating has remained steady over the past ninety days.
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 $0.73 recent quarter EPS
- Cleco (NYSE: CNL): Hold with a $0.52 recent quarter EPS
- El Paso Electric Company (NYSE: EE): Hold with a $0.78 recent quarter EPS
- Exelon (NYSE: EXC): Hold with a $1.05 recent quarter EPS
The utility-electric power company's industry has seen price/earnings growth of 28% 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:
There is your peek into Entergy's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap. In the meantime, here are some links to explore today.
- To see up-to-date news on Entergy, click here
- To see other trading ideas, click here
- To see other company earnings recaps, click here
