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Entergy Corp. (MX:ETR)
:ETR
Mexico Market
EarningsQ2 2026 Earnings Report

Entergy (ETR) Q2 2026 Earnings Report

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MX:ETR Q2 2026 EPS Results

Actual EPS$17.49
Consensus EPS$17.06
Beat/MissBeat by +$0.42
One Year Ago EPS$17.83

MX:ETR Q2 2026 Revenue Results

Actual Revenue$59.82B
Expected Revenue$59.26B
Beat/MissBeat by +$559.66M
YoY Revenue Growth+5.85%

Earnings Announcement Details

QuarterQ2 2026
Date07/29/2026
TimeBefore Open
Conference CallWednesday, July 29, 2026
MX:ETR Upcoming Earnings
Entergy's next earnings date is estimated for November 4, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:ETR Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
Overall the call conveyed a positive strategic and financial posture: management reaffirmed 2026 guidance, showcased a large data center and industrial pipeline, demonstrated strong liquidity and credit metrics, and highlighted measurable resilience and reliability improvements. Offsetting items include modest near-term pressure on EPS from weather normalization and rising operating/financing costs, several regulatory proceedings and localized opposition risks (e.g., New Orleans moratorium), and ongoing uncertainty around timing for large capital items like Cottonwood and potential new nuclear. On balance, the positives around pipeline, capital execution, and resilience progress materially outweigh the near-term headwinds.
Company Guidance
Entergy reaffirmed its 2026 adjusted EPS guidance and 5‑year outlook through 2030 after reporting Q2 adjusted EPS of $1.03, noting retail sales (ex‑weather) were positive with 10% industrial growth; management expects Q3 other O&M to be about $0.05–$0.10 higher year‑over‑year (assuming normal weather) and the bulk of year‑over‑year earnings improvement to occur in Q4 due to flex spending. On balance sheet and financing, Entergy completed a $2.175 billion equity‑forwards offering (≈60% of the 5‑year equity plan contracted), settled 8.7 million shares for $672 million, and targets FFO-to-debt at or above 15% through the outlook period. Growth and capacity metrics highlighted a 7–12 GW hyperscale pipeline plus 3–5 GW of traditional industrial interest, roughly 7.5 GW of plant‑island equipment on hand within a 10–17 GW opportunity set, and continued transmission build (~1,000 miles); signed data center agreements to date are expected to deliver about $7 billion in customer bill benefits. Operational and resilience metrics included >400 self‑healing networks serving >500,000 customers (avoiding >700,000 interruptions and ~80 million outage minutes), ~640 poles targeted for reinforcement to withstand up to 150 mph winds in St. Bernard, a $200 million Texas Energy Fund that brings Entergy Texas’ accelerated resilience plan to $337 million, and an expected Phase 1A resilience filing in Q3.
Affirmed 2026 Adjusted EPS Guidance
Reported adjusted EPS of $1.03 for Q2 and management affirmed 2026 adjusted EPS guidance and the longer-term outlooks through 2030, signaling confidence in meeting targets despite quarter-to-quarter variability.
Strong Data Center Pipeline and Economic Benefits
Maintained 7–12 GW of hyperscale potential in the pipeline plus 3–5 GW interest from traditional industrial segments; agreements signed to date are expected to deliver approximately $7.0 billion in customer bill benefits and significant local economic development.
Industrial Retail Sales Growth
Excluding weather impacts, retail sales growth was positive and driven by a 10% increase in industrial sales as new and expansion projects ramp up operations.
Capital and Liquidity Execution
Completed a $2.175 billion offering of equity forwards (about 60% of the 5-year equity plan contracted) and settled 8.7 million shares for net proceeds of $672 million, providing liquidity and supporting needs into 2028.
Credit Profile and Financial Readiness
Management highlighted credit metrics with FFO-to-debt at or above 15% through the outlook period (Moody's metric), and strong liquidity including cash, revolver capacity, and unsettled equity forwards.
Resilience and Reliability Investments with Tangible Results
Self-healing network program: >400 networks in service covering more than 500,000 customers, avoiding over 700,000 customer interruptions and an estimated 80 million outage minutes since program start. Entergy Texas closed a $200 million Texas Energy Fund grant, bringing its accelerated resilience plan to $337 million; Entergy Louisiana began a Saint Bernard project replacing/reinforcing ~640 poles to withstand up to 150 mph winds.
Nuclear and Operational Achievements
Riverbend Station celebrated 40 years; Entergy’s nuclear team received 4 Nuclear Energy Institute innovation awards. ANO refueling outage completed ahead of schedule (April 30) and included a first-of-a-kind reactor vessel head replacement through containment hatch.
Regulatory Progress and Tools
Entergy Texas updated its DCRF and received approval for its first-ever capacity cost recovery rider; Entergy Arkansas implemented generating Arkansas Jobs Act rider and filed a 2025 FRP historical netting adjustment that reflects a rate reduction; Entergy Mississippi FRP approved with no rate change; Louisiana and New Orleans FRP filings expected to result in new rates in September.

MX:ETR Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 04, 2026
2026 (Q3)
28.15 / -
25.974
2026 (Q2)
17.06 / 17.49
17.825-1.90% (-0.34)
2026 (Q1)
14.26 / 14.60
13.9214.88% (+0.68)
2025 (Q4)
8.86 / 8.66
11.204-22.73% (-2.55)
2025 (Q3)
24.29 / 25.97
25.382.34% (+0.59)
2025 (Q2)
15.45 / 17.83
16.2979.38% (+1.53)
2025 (Q1)
11.70 / 13.92
9.16751.85% (+4.75)
2024 (Q4)
10.78 / 11.20
4.414153.85% (+6.79)
2024 (Q3)
25.16 / 25.38
27.757-8.56% (-2.38)
2024 (Q2)
14.94 / 16.30
15.6184.35% (+0.68)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed