NEW ORLEANS (dpa-AFX) - (Adds Outlook)
Entergy Corp. (ETR), while reporting weak fourth-quarter earnings, but above the Street estimates, on Tuesday issued fiscal 2025 adjusted earnings view, expecting growth.
Outlook
For fiscal 2025, the company projects adjusted earnings per share to be $3.75 to $3.95.
The Wall Street analysts on average expect the company to report earnings of $3.92 per share. Analysts' estimates typically exclude special items.
In fiscal 2024, earnings per share were $2.45 on an as-reported basis and $3.65 on an adjusted basis.
Q4 Results
The company's bottom line totaled $286 million, or $0.65 per share, compared with $988 million, or $2.32 per share, last year.
Adjusted earnings were $291 million or $0.66 per share for the period.
Analysts had expected the company to earn $0.63 per share.
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