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Q1 26 EPS
$0.86
BEAT +2.25%
Est. $0.84
Q1 26 Revenue
$3.19B
BEAT +9.65%
Est. $2.91B
vs S&P Since Q1 26
+447.2%
BEATING MARKET
ETR +449.3% vs S&P +2.1%
Market Reaction
Did ETR Beat Earnings? Q1 2026 Results
Entergy Corporation delivered a solid first-quarter 2026 beat on both the top and bottom lines, with adjusted earnings of $0.86 per share edging past the $0.84 consensus estimate by 2.25% and revenue of $3.19 billion climbing 12.0% year over year to … Read more Entergy Corporation delivered a solid first-quarter 2026 beat on both the top and bottom lines, with adjusted earnings of $0.86 per share edging past the $0.84 consensus estimate by 2.25% and revenue of $3.19 billion climbing 12.0% year over year to exceed expectations by 9.65%. The New Orleans-based utility's Utility segment was the primary engine behind the results, with earnings rising to $540.00 million from $490.00 million a year ago, driven by favorable regulatory actions across its Arkansas, Louisiana, Mississippi, and Texas operating companies, including formula rate plans and grid modernization riders, as well as higher returns on construction work in progress. Operating cash flow surged to $829.00 million from $536.00 million, underscoring the momentum in the business. A notable highlight was a 20-year hyperscale electric service agreement with a Meta subsidiary in Louisiana, reflecting the growing industrial demand, including a 14.9% jump in industrial sales volume, that is reshaping Entergy's load profile. The company affirmed its full-year 2026 adjusted EPS guidance of $4.25 to $4.45 while raising its longer-term outlook, signaling confidence in its infrastructure investment program.
Key Takeaways
- • Net effect of regulatory actions across operating companies including E-AR FRP, E-LA FRP and RPCR, E-MS FRP interim facilities rate adjustment, E-MS grid mod rider, and E-TX DCRF
- • Return on construction work in progress for certain utility plant investments
- • 14.9% increase in industrial volume driven by data center, primary metals, and transportation customers
- • Weather-adjusted retail sales increased 6%
- • Higher operating cash flow from advance payments related to customer agreements and higher utility collections
ETR Forward Guidance & Outlook
Entergy affirmed its 2026 adjusted earnings per share guidance range of $4.25 to $4.45. The company also raised its longer-term outlooks and updated its four-year capital plan. The company cannot provide a GAAP reconciliation for guidance due to the inability to predict and quantify adjustments such as significant income tax items, regulatory settlements, and unusual costs.
ETR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
ETR Revenue by Segment
With YoY comparisons, source: SEC Filings
“It's shaping up to be another exciting year. We announced another major hyperscale agreement in Louisiana that includes an additional estimated $2 billion of savings for retail customers consistent with our Fair Share Plus pledge. The fundamentals of our company have never been stronger, and we continue to work diligently to deliver real value to our stakeholders.”
— Drew Marsh, Q1 2026 Earnings Press Release
ETR Earnings Trends
ETR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ETR EPS Trend
Earnings per share: estimate vs actual
ETR Revenue Trend
Quarterly revenue: estimate vs actual
ETR Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.84 | $0.86 | +2.25% | $3.19B | +9.65% |
| Q4 25 MISS FY | $0.52 | $0.51 | -2.54% | $2.96B | -1.20% |
| FY Full Year | $3.91 | $3.91 | -0.08% | $12.95B | +0.18% |
| Q3 25 BEAT | $1.44 | $1.53 | +6.47% | $3.81B | +0.70% |
| Q2 25 BEAT | $0.91 | $1.05 | +15.11% | $3.33B | +4.96% |
| Q1 25 BEAT | $0.69 | $0.82 | +19.64% | $2.85B | -6.63% |