Entergy Q1 2022 adj. EPS $1.32; Utility earnings $340M; affirms 2022 guidance $6.15-$6.45

ENTERGY LOUISIANA, LLC

Q1 2022 as-reported EPS $1.36; adjusted EPS $1.32 vs $1.47 a year ago; as-reported earnings $276M.
Utility segment earnings $340M; EWC earnings $7M (down from $38M on Indian Point shutdown).
Affirmed 2022 adjusted EPS guidance range of $6.15 to $6.45.
Business highlights: $86M and $100M transmission upgrades; 400MW solar RFP selections; 2000MW renewable RFPs announced.
Weather contributed $0.08 per share; retail sales above plan; LPSC approved $1B escrow for Hurricane Ida costs.

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