NEW ORLEANS (dpa-AFX) - Entergy Corp (ETR) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $286 million, or $0.65 per share. This compares with $988 million, or $2.32 per share, last year.
Excluding items, Entergy Corp reported adjusted earnings of $291 million or $0.66 per share for the period.
Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.
Entergy Corp earnings at a glance (GAAP) :
-Earnings: $286 Mln. vs. $988 Mln. last year. -EPS: $0.65 vs. $2.32 last year.
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