Entergy Reports Mixed Q1 Results, EPS Beats By $0.05, Revenu

April 29, 2011

Entergy Corporation (NYSE:ETR) reported Q1 EPS of $1.38 today, beating the consensus estimate for $1.33 per share. Revenue for the quarter was down 8% year-over-year to $2.54 billion, below the consensus estimate for $2.79 billion.J. Wayne Leonard, Entergy's chairman and chief executive officer said, "Results for the quarter reflect the continued benefits of constructive regulatory decisions. The quarter also brought challenges to the business climate for the nuclear industry with the tragic events at the Fukushima Daiichi plant in Japan. As always, we will continue our intense focus on safety and operational excellence in all aspects of our business. Whatever learning may come from the Fukushima event will be quickly applied to our own emergency preparation and processes."The company affirmed its 2011 EPS guidance in the range of $6.35 to $6.85, in-line with the consensus estimate of $6.55 per share.