The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Entergy whiffed on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share increased significantly.
Gross margins expanded, operating margins dropped, net margins expanded.
Entergy tallied revenue of $2.44 billion. The four analysts polled by S&P Capital IQ wanted to see revenue of $3.13 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.72. The six earnings estimates compiled by S&P Capital IQ predicted $1.71 per share. GAAP EPS of $1.66 for Q4 were 91% higher than the prior-year quarter's $0.87 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 34.3%, 210 basis points better than the prior-year quarter. Operating margin was 13.3%, 50 basis points worse than the prior-year quarter. Net margin was 12.2%, 600 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $2.61 billion. On the bottom line, the average EPS estimate is $0.83.
Next year's average estimate for revenue is $11.32 billion. The average EPS estimate is $4.98.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 349 members out of 372 rating the stock outperform, and 23 members rating it underperform. Among 113 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 111 give Entergy a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Entergy is hold, with an average price target of $69.33.
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