secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY CORP /DE/ (ETR)
CIK:        0000065984
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0000065984-24-000018
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.06, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy Arkansas to record $132M impairment after adverse court ruling on cost recovery
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- Court ruled against Entergy Arkansas in dispute over $135M in payments and $14M refunds for off-system sales from 2002-2009.
- $132M regulatory asset will be written off, resulting in a $99M net-of-tax charge in Q1 2024.
- The charge is non-cash and excluded from adjusted EPS; Entergy's adjusted earnings and credit outlooks are unchanged.
- Entergy Arkansas plans to appeal the U.S. District Court decision.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/65984/000006598424000018/0000065984-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7323/000006598424000018/etr-20240312.htm
  HTML page:      https://secwatch.observer/filing/0000065984-24-000018

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