We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unveiling Entergy (ETR) Q2 Outlook: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from Entergy (ETR - Free Report) is expected to reveal quarterly earnings of $0.85 per share, indicating a decline of 11.5% compared to the year-ago period. Analysts forecast revenues of $3.13 billion, representing an increase of 6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Entergy metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Operating Revenue- Electric' should come in at $3.20 billion. The estimate points to a change of +10.1% from the year-ago quarter.
The average prediction of analysts places 'Operating Revenue- Natural Gas' at $34.61 million. The estimate points to a change of -2.1% from the year-ago quarter.
Analysts forecast 'Operating Revenue- Other' to reach $11.52 million. The estimate points to a change of -5.7% from the year-ago quarter.
Shares of Entergy have demonstrated returns of +7.7% over the past month compared to the Zacks S&P 500 composite's +4.6% change. With a Zacks Rank #3 (Hold), ETR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unveiling Entergy (ETR) Q2 Outlook: Wall Street Estimates for Key Metrics
The upcoming report from Entergy (ETR - Free Report) is expected to reveal quarterly earnings of $0.85 per share, indicating a decline of 11.5% compared to the year-ago period. Analysts forecast revenues of $3.13 billion, representing an increase of 6% year over year.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Entergy metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Operating Revenue- Electric' should come in at $3.20 billion. The estimate points to a change of +10.1% from the year-ago quarter.
The average prediction of analysts places 'Operating Revenue- Natural Gas' at $34.61 million. The estimate points to a change of -2.1% from the year-ago quarter.
Analysts forecast 'Operating Revenue- Other' to reach $11.52 million. The estimate points to a change of -5.7% from the year-ago quarter.
View all Key Company Metrics for Entergy here>>>Shares of Entergy have demonstrated returns of +7.7% over the past month compared to the Zacks S&P 500 composite's +4.6% change. With a Zacks Rank #3 (Hold), ETR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .