Entergy Reports Q2 Earnings of $1.03 per Share, Reaffirms Guidance and Long-Term Outlook
Entergy Corporation (NYSE:ETR) reported second-quarter adjusted earnings of $1.03 per share in line with expectations. The company reaffirmed its 2026 earnings guidance as well as its long-term outlook through 2030, despite higher operating and financing costs that impacted results. Industrial sales increased by 10% excluding weather effects, driven largely by demand from hyperscale data centers and traditional industrial customers. Entergy highlighted a potential pipeline of up to 12 gigawatts for data center projects and between 3–5 gigawatts for industrial clients. The company's 'Fair Share Plus' policy ensures that data centers cover their service costs and contribute to system-wide expenses, with signed agreements expected to yield $7 billion in customer bill benefits. Entergy is expanding its capital program through resilience upgrades, transmission line additions, and potential generation projects. About 60% of the five-year equity plan is already contracted through 2028. The company continues pursuing the Cottonwood plant acquisition and evaluating new nuclear development opportunities.
Tickers: $ETR
Topics: capital_programs data_centers demand_growth utilities