News · Yahoo Finance

Entergy Q3 Earnings Call Highlights

Entergy reported third-quarter adjusted EPS of $1.98, driven by customer growth, hotter weather, industrial sales and record peak demand, and raised the low end of its 2026 adjusted EPS guidance by $0.10. An amended agreement with Google for the West Memphis data-center campus is expected to add at least $500 million in Arkansas customer bill savings, and data-center and industrial load opportunities could total up to 17 gigawatts. Planned 2027–2030 capital spending rose by about $1.5 billion for battery storage, transmission and other growth investments. Chair and CEO Drew Marsh said the results reflected financial, regulatory and operational progress.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

Entergyearningsdata centerselectricity

Open a keyword to see other news on the same topic.

Related news

  • Entergy Just Raised Its Dividend 6.3%. Can Cash Flow Support the Increase?

    Entergy has raised its quarterly dividend by 6.3% to $0.68 per share, or $2.72 annually, for a forward yield of about 2.47% at a recent price of $110.14. The new payout equals 61% to 64% of 2026 adjusted EPS guidance of $4.25 to $4.45. Industrial sales volume rose 14.9% in the first quarter and 10% in the second, mainly driven by data center contracts, including a 20-year agreement with a Meta Platforms subsidiary in Louisiana. However, in 2025 Entergy spent $7.68 billion on capital projects against $5.15 billion of operating cash flow, so it relies on outside financing, and higher interest costs and share dilution are named as key risks. The article argues the raise looks sustainable given the payout below two-thirds of guided earnings, but readers can compare it with upcoming third-quarter results.

    Yahoo Finance·Entergydividendselectricity
  • Entergy (ETR) Stock Appears Rich On A 150% Three Year Run

    Entergy's shares trade around US$107.5 after a total return of 150.1% over the past three years, and the article questions whether its dividend stream can justify that valuation. A Dividend Discount Model assumes dividends grow 3.7% a year, with a payout ratio of about 61% and a reported return on equity of just over 11%. The model's estimated intrinsic value falls substantially below the current price, suggesting the market is attaching a rich valuation to the income stream. The article also notes a planned US$600 million Arkansas grid expansion backed by a 20-year Google contract, and cites a 28.6x P/E as a separate lens on the share price.

    Yahoo Finance·Entergyelectricitydividends
  • Entergy reports third quarter 2026 financial results

    Entergy reported third quarter 2026 earnings of $940 million, or $1.98 per share, up from $694 million, or $1.53 per share, a year earlier, on both as-reported and adjusted bases. The Utility business earned $1,079 million ($2.28 per share), driven mainly by higher retail sales volume, including weather effects, and regulatory actions, while Parent & Other posted a $(139 million) loss, or (29 cents) per share, due mainly to higher interest expense. Entergy narrowed its 2026 adjusted EPS guidance to $4.35 to $4.45 and declared a quarterly dividend of 68 cents per share, a six percent increase. Highlights included the Orange County Advanced Power Station delivering power to Entergy Texas customers and LPSC approval of a $1.2 billion Babel to Webre transmission project.

    Yahoo Finance·Entergyelectricityearnings
  • What WEC Energy Group (WEC) Said on Its Q3 Earnings Call

    WEC Energy Group reported third-quarter earnings of $1.18 per diluted share, up from $0.83 a year earlier, driven by warmer-than-normal weather, capital-plan execution and operating efficiency. It raised and narrowed its 2026 EPS guidance to $5.60–$5.64 from $5.51–$5.61, and unveiled a $47.5 billion capital plan for 2027–2031, $10 billion (more than 26%) higher than its prior five-year plan. Data-center demand, including Microsoft in Wisconsin and Oracle-linked developments via Vantage, drives a forecast 4.9 gigawatt increase in electricity demand through 2031. The plan adds $6.8 billion for natural-gas generation and $3 billion for battery storage, while American Transmission Company expects about $5.3 billion of investment from 2027 to 2031. WEC also reached an agreement with NextEra, subject to regulatory approval, to extend for 20 years the purchase-power agreement for about 1,000 megawatts from the Point Beach nuclear plant.

    Yahoo Finance·earningselectricitydata centers
  • What NiSource (NI) Said on Its Q3 Earnings Call

    NiSource reported third-quarter 2026 adjusted EPS of $0.27, up from $0.19 a year earlier, and narrowed its full-year 2026 outlook to the upper half of the $2.02–$2.07 range. It issued 2027 adjusted EPS guidance of $2.22–$2.30 and expanded its seven-year capital plan to $40 billion, including about $8 billion for GenCo projects serving data-center customers. The company expects adjusted EPS to grow 10%–11% annually from 2027 through 2033. NiSource signed a 20-year electricity agreement with Microsoft starting in 2028, adding roughly 1,100 megawatts of generation and battery capacity, subject to regulatory approval.

    Yahoo Finance·NiSourceearningsdata centers
  • What Generac (GNRC) Said on Its Q3 Earnings Call

    Generac's third-quarter net sales rose 16% year over year to a record $1.29 billion, while adjusted EBITDA increased 33% to $256 million, driven by data-center demand in its commercial and industrial business and a recovery in residential generator sales. A long-term Amazon agreement includes expected deliveries of $2.4 billion across 2027 and 2028, helping drive the data-center backlog to approximately $4.5 billion. Management expects 2027 data-center revenue to well exceed $2 billion and raised its adjusted EBITDA margin outlook to 20.5%–21%. Generac is expanding large-megawatt generator capacity, targeting roughly $4 billion in annual data-center-related capacity by the second half of 2027.

    Yahoo Finance·Generacearningsdata centers

Related markets

US stocks →

Latest news

  • 2 of our banks are at the heart of this week's biggest tech deals

    The S&P 500 attempted a modest rebound but gave back part of its afternoon gains, with oil prices down roughly 8% on hopes for Middle East peace talks and the 10-year Treasury yield down about 4 basis points. The author cautions against reading too much into any single headline, given the possibility of escalation after the midterm elections. Goldman Sachs and Wells Fargo are involved in several large deals: Goldman is advising Marvell Technology on its all-stock acquisition of Lumentum, valued at $115 billion including debt and expected to close in the first half of calendar 2028 pending approvals including from China. Both banks are among those coordinating Oracle's $10 billion common stock offering and working on Microsoft's $25 billion debt sale, and Goldman is one of the lead banks on Meta Platforms' stock sale. The author says this deal activity supports the banks' results, while lower oil prices and yields have helped holdings including Boeing, Home Depot and FedEx, even as semiconductor names like Micron and Intel remained under pressure.

    CNBC·banksGoldman Sachsmergers and acquisitions
  • Verizon's CEO Has a Warning for SpaceX and Its Mobile Plans

    Telecom stocks have been under pressure this year as investors worry that SpaceX plans to turn its Starlink business into a major mobile carrier. Verizon CEO Dan Schulman said on the earnings call that SpaceX would need to build a significant terrestrial network, which would take several years and cost hundreds of billions of dollars, and that Verizon will compete aggressively if Starlink pursues mobile market share. Verizon reported strong third-quarter results, with postpaid phone net additions at their best in five years and quarterly net account growth at its highest in more than a decade. The author argues the market is overreacting to the SpaceX risk, citing a valuation of about eight times estimated future profits and a dividend yield of 6.3%.

    Yahoo Finance·telecommunicationsSpaceXVerizon
  • Why Cloudflare Stock Took a Dive on Monday

    Cloudflare shares fell as much as 6% at the start of the week after Jefferies analyst Joe Gallo kept a hold rating but cut his price target to $320 from $350, still implying 14% potential upside from Friday's close. Gallo expects higher demand for the company's cloud services this quarter but thinks the bar may be set too high. Analyst consensus calls for revenue of $739 million, up 32%, and adjusted EPS of $0.34, up 26%, above management's revenue forecast of $736 million to $737 million. Cloudflare has beaten consensus estimates in each of the past four quarters and will report results after the close on Thursday. The article also cites Cloudflare's protective measures against a widely publicized PHP vulnerability, used by roughly 70% of websites, as an example of the importance of its cloud and security services.

    Yahoo Finance·cloud computingcybersecurityearnings
  • Qualcomm (QCOM) Joins $700 Million Hark Funding Round In AI Assistant Bet

    Qualcomm joined Nvidia and AMD in a US$700 million Series A funding round for AI startup Hark, which is valued at US$6 billion. Hark is developing foundation models, software and AI-focused hardware for a next-generation personal assistant platform, and Qualcomm Ventures' participation links the chip designer to efforts to bring AI systems to consumer devices over time. The article ties the investment to Qualcomm's target of reaching US$40 billion in non-handset QCT revenue by fiscal 2029, and notes the company reaffirmed a US$0.92 quarterly dividend. It also highlights the broader effort to reduce reliance on smartphones, and points to commentary on Hark and AI assistant workloads in the December 2026 quarter earnings as an early indicator to watch.

    Yahoo Finance·Qualcommartificial intelligenceAI investment
  • Estée Lauder Companies (EL) Partners With Microsoft On AI And Data Tools

    Estée Lauder Companies (NYSE: EL) announced a partnership with Microsoft to upgrade cloud, data and AI capabilities across its global operations. The collaboration aims to unify consumer and product data on Microsoft platforms and embed AI into its end-to-end workflows, supporting its Beauty Reimagined strategy with a focus on productivity and personalized consumer experiences. The deal follows first-quarter sales of US$3,715 million, net income of US$233 million and diluted EPS of US$0.64 from continuing operations, while management affirmed a US$0.35 quarterly dividend. Key items to watch include the raised fiscal 2027 net sales growth guidance of 5.0% to 6.5%, AI-driven workflow adoption across 14,000 Copilot users, and the dividend payment on December 15, 2026.

    Yahoo Finance·Estee LauderMSFTartificial intelligence
  • Mercado Bitcoin wallets keep moving funds after $46M hack

    Brazilian crypto exchange Mercado Bitcoin confirmed a security incident in which over $46 million in cryptocurrency was drained from wallets on Monday, and paused deposits and withdrawals, saying customer funds and data were safe. Despite the suspension, addresses linked to the incident kept receiving funds for hours, and security firms said the hack was carried out through standard transfers rather than a smart contract exploit. An initial post-mortem by Certik's Dickson Wu described small ETH transfers from 27,160 addresses and warned that the attacker could also move money out of customer deposit addresses. According to the article, about $6.2 million had been frozen by Tether and Circle, about $20 million had been moved to new wallets, and over $20 million remained in associated addresses, including all 106 BTC. The hack has not been attributed to an organized group and remains under investigation, coming days after Binance reported a $6.3 billion hack.

    Cointelegraph·cryptocybersecurityBinance

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.