Entergy Corporation Reports Strong Q3 2026 Earnings and Raises Full-Year Guidance
Entergy Corporation reported robust third-quarter 2026 results, with adjusted earnings per share (EPS) rising to $1.98 from $1.53 in the prior year. This growth was primarily fueled by favorable weather conditions and a significant increase in retail sales volumes, including a 6.1% rise in residential sales. Following strong year-to-date performance, the company narrowed its full-year EPS guidance to a range of $4.35 to $4.45. The utility is positioning itself for massive industrial growth, particularly through data center expansion. Management highlighted a hyperscale data center pipeline representing 7 to 12 gigawatts of potential load and an industrial sales trajectory projected to grow at 16% annually through 2030. To support this demand, Entergy increased its capital expenditure plan by $1.5 billion for the 2026-2030 period, including significant investments in battery storage and transmission infrastructure.
Topics: capital expenditure data center demand earnings report EPS guidance retail sales growth
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