Entergy Q4 EPS Misses by 5.6% as Guidance Targets $4.25–$4.45
Entergy’s Q4 EPS of $0.51 missed estimates by 5.6%, with earnings down to $236M from $286M year-over-year, while full-year adjusted EPS rose 7% to $3.91 on $1.76B earnings boosted by regulatory actions and higher sales volumes. Management secured approvals for major transmission and power projects and guided 2026 adjusted EPS to $4.25-$4.45.
1. Q4 Earnings Miss Estimates
Entergy reported Q4 EPS of $0.51, 5.6% below consensus, and net earnings of $236 million compared with $286 million in the same quarter a year earlier, weighed down by higher interest expense and operational costs.
2. Full-Year Results Strengthened by Regulatory Actions
For the full year, adjusted EPS rose 7% to $3.91 on $1.76 billion of earnings, aided by regulatory rate decisions, increased retail sales volumes, other income gains, returns on construction work-in-progress and lower nuclear refueling outages; utility segment earnings were $2.28 billion ($5.06 per share) while the Parent & Other segment loss narrowed to $521 million ($1.16 per share).
3. Project Approvals and 2026 Guidance
The company secured approvals for the Jefferson Power Station in Arkansas, West Bank 500 kV transmission in Louisiana, Cypress-Legend 500 kV in Texas and a special Google contract, filed for Cottonwood acquisition and solar/battery builds, and set 2026 adjusted EPS guidance at $4.25–$4.45, implying 9–14% growth.