Investing.com - Entergy reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Entergy announced earnings per share of $1.32 on revenue of $2.88B. Analysts polled by Investing.com anticipated EPS of $1.33 on revenue of $2.8B.
Entergy shares are up 13.65% from the beginning of the year and are trading at $120.66 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.4% from the start of the year.
Entergy follows other major Utilities sector earnings this month
Entergy's report follows an earnings beat by NextEra Energy on April 21, who reported EPS of $0.74 on revenue of $2.89B, compared to forecasts EPS of $0.7142 on revenue of $5.19B.
FirstEnergy had missed expectations on April 21 with first quarter EPS of $0.6 on revenue of $3B, compared to forecast for EPS of $0.6161 on revenue of $2.82B.
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