Categories AlphaGraphs

Entergy Corp: Q4 2017 Earnings Snapshot

Entergy Corp. trimmed its loss on a GAAP basis, and on an adjusted basis, profit more than doubled in the fourth quarter of 2017. GAAP loss was $479.1 million or $2.66 per share compared to a loss of $1.769 billion or $9.88 per share in the prior-year quarter.

On a non-GAAP basis, earnings per share shot up to $0.76 from $0.31 in the year-ago period. Revenue dropped slightly by 1% to $2.62 billion in the final quarter of 2017.

Outlook

For 2018, Entergy expects earnings to range between $6.25 and $6.85 per share on an operational basis (non-GAAP) and Utility, Parent & Other adjusted earnings in the range of $4.50 to $4.90 per share.

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top