The company reported as-reported earnings per share of 35 cents, or $75 million in net income, and adjusted (non-GAAP) earnings of $1.08 (adjusted earnings of $230 million) for Q1 2024. For Q1 2023, as-reported earnings were $1.47 and adjusted earnings were $1.14.

1. 01

   The company reported as-reported earnings per share of 35 cents, or $75 million in net income, and adjusted (non-GAAP) earnings of $1.08 (adjusted earnings of $230 million) for Q1 2024. For Q1 2023, as-reported earnings were $1.47 and adjusted earnings were $1.14.

2. 02

   Entergy said that in Q1 2024 it wrote off a regulatory asset of $132 million ($97 million after tax) at Entergy Arkansas related to the opportunity sales proceeding, and recorded a regulatory charge of $79 million ($57 million after tax) at Entergy New Orleans. It treated both as adjustments and excluded them from adjusted earnings.

3. 03

   Consolidated operating cash flow was $521 million in Q1 2024, down $439 million from Q1 2023 $960 million, the company reported. The company cited lower receipts from Utility customers and the timing of payments to vendors as factors in the decline.

4. 04

   The company said it reaffirmed its 2024 adjusted EPS guidance range of $7.05 to $7.35. The company said it has not provided GAAP-basis guidance because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.