Entergy Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 08:28 am
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Entergy Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 3,559.24 million compared to USD 4,156.61 million a year ago. Revenue was USD 3,595.52 million compared to USD 4,218.62 million a year ago. Net income was USD 666.76 million compared to USD 560.59 million a year ago. Basic earnings per share from continuing operations was USD 3.15 compared to USD 2.76 a year ago. Diluted earnings per share from continuing operations was USD 3.14 compared to USD 2.74 a year ago.
For the nine months, sales was USD 9,422.61 million compared to USD 10,491.74 million a year ago. Revenue was USD 9,422.61 million compared to USD 10,491.74 million a year ago. Net income was USD 1,368.93 million compared to USD 996.69 million a year ago. Basic earnings per share from continuing operations was USD 6.47 compared to USD 4.9 a year ago. Diluted earnings per share from continuing operations was USD 6.45 compared to USD 4.88 a year ago.
Entergy Corporation specializes in electricity production and distribution. Net sales break down by activity as follows:
- electricity production and sale (97.5%): owns, at the end of 2023, power plants with a production capacity of nearly 24,000 MW;
- natural gas distribution (1.5%);
- other (1%).
All net sales are in the United States.