Entergy Corporation Reports Decline in 2024 Revenues to $11.88 Billion, Net Income Down to $1.1 Billion, EPS Falls to $2.45

Reuters
2025.06.26 20:00

Entergy Corporation reported a decline in 2024 revenues to $11.88 billion, down from $12.1 billion in 2023. Net income fell to $1.1 billion from $2.4 billion, with earnings per share decreasing to $2.45 from $5.55. Adjusted earnings rose to $1.577 billion, with adjusted EPS at $3.65. Retail kilowatt-hour sales increased to 123,851 million, while peak demand slightly decreased. The company executed a two-for-one forward stock split effective December 13, 2024.

Entergy Corporation has released its financial results for the year 2024. The company reported operating revenues of $11.9 billion, a slight decrease from $12.1 billion in 2023. As-reported net income attributable to Entergy was $1.1 billion, a significant decrease from $2.4 billion the previous year. As-reported earnings per share stood at $2.45, down from $5.55 in 2023. The company also highlighted its adjusted earnings, which amounted to $1.577 billion, an increase from $1.438 billion in 2023. Adjusted earnings per share were $3.65, up from $3.39 the previous year. In terms of operational data, Entergy’s retail kilowatt-hour sales reached 123,851 million, up from 119,858 million in 2023. The company’s peak demand slightly decreased to 22,697 megawatts from 23,319 megawatts in 2023. No specific outlook or guidance was provided in the current report. However, Entergy continues to serve approximately 3 million electric retail customers across Arkansas, Louisiana, Mississippi, and Texas, with a generating capability of 24,479 megawatts. The company executed a two-for-one forward stock split effective December 13, 2024, which is reflected in the restated per-share information. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Entergy Corporation published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here