Analysts are looking for decreased profit for Entergy when the company reports its results for the first quarter on Tuesday, April 28, 2015. Entergy reported profit of $2.29 a year ago, but the consensus estimate calls for earnings per share of $1.32 this time around.
Over the past month, the consensus estimate has dipped from $1.43, but it's still up from the consensus estimate of $1.23 three months ago. For the fiscal year, analysts are projecting earnings of $5.43 per share. Analysts look for revenue to decrease 9% year-over-year to $2.93 billion for the quarter, after being $3.21 billion a year ago. For the year, revenue is expected to come in at $12.44 billion.
Revenue fell year-over-year in the fourth quarter, snapping the three-quarter streak of rising revenue.
Over the last four quarters, income rose 21% on average year-over-year. The biggest boost came in the first quarter, when income increased more than twofold from the year-ago quarter.
Entergy is an energy company involved in electric power production and retail electric distribution operations. Other companies in the electric utilities industry with upcoming earnings release dates include: Cleco, TECO and Exelon.
Earnings estimates provided by Zacks.
Narrative Science, through its proprietary artificial intelligence platform, transforms data into stories and insights.
