AI English summary of an SEC filing — figures as filed
Entergy said it reported as-reported and adjusted (non-GAAP) net income of $645 million, or $2.99 per share, for Q3 2024. On an as-reported basis, net income for Q3 2023 was $667 million ($3.14 per share), and adjusted net income was $694 million ($3.27 per share).
Key points
AI summaryEntergy said it reported as-reported and adjusted (non-GAAP) net income of $645 million, or $2.99 per share, for Q3 2024. On an as-reported basis, net income for Q3 2023 was $667 million ($3.14 per share), and adjusted net income was $694 million ($3.27 per share).
The company said it narrowed its adjusted EPS guidance range for 2024 to $7.15 to $7.35 (pre-split). It said it approved a 2-for-1 stock split, with trading expected to start on a split-adjusted basis on December 13, 2024.
The company reported that Utility earnings were $787 million ($3.65 per share) for Q3 2024, and that Parent & Other posted a loss of 142 million ((66) cents per share). For Q3 2023, Utility as-reported earnings were $752 million, and the Parent & Other loss was 85 million.
Entergy reported consolidated operating cash flow (OCF) of $1,562 million for Q3 2024, up from $1,405 million a year earlier, and year-to-date OCF of $3,109 million, down from $3,231 million a year earlier. The company cited lower Utility fuel and purchased power payments, the timing of pension contributions and higher Utility customer receipts as drivers of the increase in Q3.
Summary
AI-writtenAnalysis 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.
Q3 2024 EPS of $2.99
Entergy said it reported as-reported and adjusted (non-GAAP) net income of $645 million, or $2.99 per share, for Q3 2024. On an as-reported basis, net income for Q3 2023 was $667 million ($3.14 per share), and adjusted net income was $694 million ($3.27 per share).
Source · Based on the filing body and exhibits
Full-year adjusted EPS guidance range of $7.15 to $7.35
The company said it narrowed its adjusted EPS guidance range for 2024 to $7.15 to $7.35 (pre-split). It said it approved a 2-for-1 stock split, with trading expected to start on a split-adjusted basis on December 13, 2024.
Source · Based on the filing body and exhibits
Utility and Parent & Other earnings by segment for Q3
The company reported that Utility earnings were $787 million ($3.65 per share) for Q3 2024, and that Parent & Other posted a loss of 142 million ((66) cents per share). For Q3 2023, Utility as-reported earnings were $752 million, and the Parent & Other loss was 85 million.
Source · Based on the filing body and exhibits
Operating cash flow for Q3 and year-to-date
Entergy reported consolidated operating cash flow (OCF) of $1,562 million for Q3 2024, up from $1,405 million a year earlier, and year-to-date OCF of $3,109 million, down from $3,231 million a year earlier. The company cited lower Utility fuel and purchased power payments, the timing of pension contributions and higher Utility customer receipts as drivers of the increase in Q3.
Source · Based on the filing body and exhibits
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.
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