Entergy Corporation (ETR) consistently beats quarterly earnings estimates, demonstrating solid growth, and maintaining a strong liquidity profile. Simultaneously, the company's stock performance outshines its competition. Recently, the company announced a $2M award to Jackson State University for a Power Grid Security Lab and a partnership with NextEra Energy Resources to develop up to 4.5 GW of new solar and energy storage projects. Notably, ETR has an attractive evaluation with earnings growth from data center deployments. In preparation for Hurricane Milton, the utility is assisting Florida with power restoration teams. Meanwhile, according to intrinsic value calculations, ETR's stock could potentially be 27% to 28% undervalued. The company reports impressive Q1 2024 earnings, with second quarter numbers expected to hold steady. Insider sales are reported, with EVP & COO Norgeot Peter S Jr recently selling over 8,100 shares. Further, the company confirms that a dividend will be paid to shareholders. Lastly, Entergy Louisiana marks a solar-powered milestone with the announcement of robust financial results for 2023 and defined 2024 guidance.
Entergy Corporation ETR News Analytics from Thu, 16 Feb 2023 08:00:00 GMT to Sat, 12 Oct 2024 16:04:15 GMT -
Rating 7
- Innovation 5
- Information 6
- Rumor -1
