Entergy Corp. (ETR) reported first-quarter as-reported earnings of $161.4 million or $0.90 per share, compared to a loss of $151.7 million or $0.86 per share, prior year. On an operational basis, earnings were $167.7 million or $0.94 per share, compared to $79.0 million or $0.44 per share, last year. Operating revenues were $2.61 billion, compared to $2.38 billion last year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.73 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $2.58 billion for the quarter.
Entergy updated its 2013 earnings guidance range to be $4.56 to $5.36 per share on an as-reported basis and affirmed operational guidance of $4.60 to $5.40 per share. Analysts expect the company to report fiscal 2013 profit per share of $4.86.
For comments and feedback: editorial@rttnews.com