the republic logo

Entergy reports third-quarter loss of $718.2 million


NEW ORLEANS — Entergy Corp. (ETR) on Monday reported a third-quarter loss of $718.2 million, after reporting a profit in the same period a year earlier.

The New Orleans-based company said it had a loss of $4.04 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $1.90 per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The power company posted revenue of $3.37 billion in the period.

Entergy expects full-year earnings in the range of $5.50 to $6.10 per share.

Entergy shares have fallen 22 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 1 percent. The stock has decreased 19 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ETR at


Keywords: Entergy, Earnings Report

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)


Follow The Republic:

All content copyright ©2015 The Republic, a publication of AIM Media Indiana unless otherwise noted.
All rights reserved. Privacy policy.