Entergy Corp (ETR) has been outperforming its competitors despite daily losses. Its Q1 earnings and the reported 2023 financial results have been speculative, with 2024 guidance initiated. The shares have crossed a 4% yield mark and a major news is their sale of Indian Point to Holtec International. Notably, the company's 6.7% CAGR has outpaced its earnings growth over the last five years, indicating a strong growth stock profile. NBC Securities Inc. has cut its stake, however the company is largely controlled by institutional shareholders. Dividend payments have been declared to shareholders while also seeing a 5.9% decrease in short interest in April. Regulatory progress is also seen with approval for additional renewable power facilities, and the company has participated in the 58th EEI Financial Conference. Q1 2024 earnings show mixed results. There has been a release of the 2023 performance report while the Q4 earnings lagged estimates. An agreement to sell their gas distribution business to Bernhard Capital partners was announced, along with a quarterly dividend payment to shareholders.
Entergy Corporation ETR News Analytics from Wed, 06 Jun 2018 07:00:00 GMT to Sat, 18 May 2024 20:21:33 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -3
