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Entergy Corp Issues Q4 2012 EPS Guidance Above Analysts' Estimates; Reaffirms FY 2013 EPS Guidance


Wednesday, 23 Jan 2013 07:00am EST 

Entergy Corp announced that it expects fourth quarter 2012 as-reported earnings of approximately $1.65 per share and operational earnings of approximately $1.71 per share. The Company affirmed its previously issued fiscal 2013 operational earnings guidance to be in the range of $4.60 to $5.40 per share. Entergy noted it currently expects to be in the lower half of the operational guidance range due to updated pension and post-retirement cost estimates, which included an approximate 75 basis point decrease in the discount rate assumption. As-reported earnings guidance for 2013 does not reflect potential future expenses for the proposed spin-merge of the transmission business with ITC. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.96 for the fourth quarter of 2012 and EPS of $5.06 for fiscal 2013. 

Company Quote

80.0
0.16 +0.20%
21 Oct 2014