earnings
confidence high
sentiment positive
materiality 0.75
Entergy Q3 adjusted EPS $3.27; narrows 2023 guidance to $6.65-$6.85; raises dividend 6%
ENTERGY LOUISIANA, LLC
- Q3 adjusted EPS $3.27 ($2.84 YoY); as-reported EPS $3.14 ($2.74 YoY); net income $694M adjusted.
- Narrows 2023 adjusted EPS guidance to $6.65-$6.85 (prior range $6.55-$6.85); weather added $0.64.
- Board declares quarterly dividend $1.13/share, a 6% increase from prior $1.07.
- Agrees to sell gas distribution business for ~$484 million; proceeds not disclosed.
- Arkansas write-off $78M pre-tax ($59M after-tax) for ANO stator incident; SERI settlement in principle with APSC.