Entergy Corp. (ETR) reported a fourth-quarter profit of $240.5 million, translating to 51 cents per share, which matched Wall Street expectations. The power company’s revenue for the quarter was $2.96 billion, surpassing forecasts. For the full year, Entergy recorded a profit of $1.77 billion, or $3.91 per share, on revenue of $12.95 billion, and anticipates full-year earnings in the range of $4.25 to $4.45 per share.
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Entergy: Q4 Earnings Snapshot
Entergy Corp. (ETR) reported a fourth-quarter profit of $240.5 million, translating to 51 cents per share, which matched Wall Street expectations. The power company’s revenue for the quarter was $2.96 billion, surpassing forecasts. For the full year, Entergy recorded a profit of $1.77 billion, or $3.91 per share, on revenue of $12.95 billion, and anticipates full-year earnings in the range of $4.25 to $4.45 per share.