Entergy Corp
Q2 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +1.67%.
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 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.
- 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
“It was another solid quarter as we work to deliver on our customer's expectations for service and growth.”
Entergy CEO, on the earnings call
Forward Guidance & Outlook
Entergy affirmed its 2025 adjusted EPS guidance range of $3.75 to $3.95. The company raised its 2027–2028 adjusted EPS outlooks and updated its four-year capital plan. Management noted the company remains well positioned to capture significant growth opportunities ahead, driven by industrial load expansion (particularly in primary metals, chlor-alkali, and technology sectors), regulatory rate actions, and infrastructure investments across its utility operating companies.
ETR YoY Financials
ETR Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.