NEW ORLEANS (AP) — NEW ORLEANS (AP) — Entergy Corp. (ETR) on Thursday reported third-quarter net income of $644.9 million.
On a per-share basis, the New Orleans-based company said it had profit of $2.99.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.
The power company posted revenue of $3.39 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $3.46 billion.
Entergy expects full-year earnings in the range of $7.15 to $7.35 per share.
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