NEW ORLEANS (AP) — NEW ORLEANS (AP) — Entergy Corp. (ETR) on Wednesday reported third-quarter earnings of $666.8 million.
The New Orleans-based company said it had net income of $3.14 per share. Earnings, adjusted for non-recurring costs, were $3.27 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.97 per share.
The power company posted revenue of $3.6 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $4.22 billion.
Entergy expects full-year revenue in the range of $6.7 million to $6.9 million.
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