Entergy

ETR Q2 2025 Earnings

Reported Jul 30, 2025 at 8:04 AM ET · SEC Source

Q2 25 EPS

$1.05

BEAT +15.11%

Est. $0.91

Q2 25 Revenue

$3.33B

BEAT +4.96%

Est. $3.17B

vs S&P Since Q2 25

+11.2%

BEATING MARKET

ETR +27.3% vs S&P +16.1%

Market Reaction

Did ETR Beat Earnings? Q2 2025 Results

Entergy Corporation posted a convincing beat in the second quarter of 2025, reporting adjusted earnings of $1.05 per diluted share against a Wall Street consensus of $0.91, a 15.11% positive surprise that underscored the utility's accelerating operat… Read more Entergy Corporation posted a convincing beat in the second quarter of 2025, reporting adjusted earnings of $1.05 per diluted share against a Wall Street consensus of $0.91, a 15.11% positive surprise that underscored the utility's accelerating operational momentum. Revenue climbed 12.7% year-over-year to $3.33 billion, clearing analyst estimates of $3.17 billion by nearly 5%, as the company's Utility segment benefited from regulatory rate actions across its Arkansas, Louisiana, Mississippi, New Orleans, and Texas operating companies, alongside a notable 11.8% surge in industrial electric sales driven by primary metals, chlor-alkali, and technology customers. The results stand in sharp contrast to the year-ago quarter, when a $317 million pension settlement charge and a $151 million Louisiana regulatory charge weighed heavily on GAAP income, though adjusted comparisons also showed meaningful improvement. Management reaffirmed its 2025 adjusted EPS guidance range of $3.75 to $3.95, raised its 2027-2028 EPS outlooks, and committed to a $40 billion four-year capital plan, signaling confidence in sustained load growth and infrastructure investment ahead.

Key Takeaways

  • Net effect of regulatory rate actions across operating companies including formula rate plans and riders
  • Higher retail electric sales volume with weather-adjusted increase of 4.5%
  • Industrial sales growth of 11.8% driven by primary metals, chlor-alkali, and technology industries
  • Commercial sales growth of 1.8%
  • Higher other income including increased AFUDC-equity from higher construction work in progress
  • Higher utility customer receipts and advance payments related to customer agreements boosting operating cash flow
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ETR YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

ETR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“It was another solid quarter as we work to deliver on our customer's expectations for service and growth.”

— Drew Marsh, Q2 2025 Earnings Press Release