Entergy Corp Updates FY 2012 EPS Guidance

Entergy Corp updated its fiscal 2012 earnings guidance range to be $3.55 to $4.35 per share on an as-reported basis and affirmed operational guidance of $4.85 to $5.65 per share previously updated on April 19, 2012. The revised guidance ranges reflect: The write-off of a regulatory asset discussed in the Utility results section of this release, Higher pension expense resulting from lower-than-planned pension discount rate and other updated pension assumptions, Lower market energy prices for EWC's open position, Significant unfavorable weather in the first quarter of 2012, and Opportunities identified to partially offset these challenges