Reports

ETR Q4 2016 Earnings & Call Highlights

Wed, February 15, 2017 2:55 pm

  Download PDF

Entergy (ETR) Q4 2016 Earnings Analysis and Call Comments

Q4 2016 Results & Guidance: Operational earnings of $0.31/sh are down from $1.58/sh YoY, exceeding the average analysts’ estimate of $0.13 but within the wide range of implied ETR guidance: ($0.17) – $0.63/sh. Results benefited from new recovery rates, the Union Power Station acquisition, favorable weather and stronger retail sales volume, but was more than offset by increases in non-fuel O&M expenses, higher decommissioning costs and lower price and volume for nuclear assets. Including special items of ($10.19)/sh, reported earnings during Q4 came in at a $9.88/share loss, driven primarily by asset impairments in the EWC business (Entergy Wholesale Commodities). Full year 2016 operational earnings totaled $7.11/sh, up from $6.00 in 2015 and within ETR’s guidance of $6.60 – $7.40/sh. ETR issued 2017 operational EPS guidance of $4.75 – $5.35 including $4.25 – $4.55 from Utility, Parent & Other and estimated approx. ($2.35)/sh of special items driven mostly by asset impairments.

See pdf for the full report

  Download PDF

Doyle Trading Consultants is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726