Earnings Preview: Entergy

Published on Monday, 30 January 2012 11:40 Written by Christian Paolinetti

New York, January 30th (TradersHuddle.com) - Shares of Entergy Corporation (NYSE:ETR) are trading lower by -0.69% ahead of its quarterly earnings release. Entergy, the integrated Energy Company based in New Orleans, LA is expected to release its quarterly results on January 31^st.

Wall Street Analysts consensus calls for a profit of $0.9 a share on $2.56 billion revenue.

Entergy estimates have a range of $0.34 a share. The high estimate calls for profit of $1.01 a share and the low estimate is calling for a profit of $0.67 a share, a year ago for the quarter the company reported $1.3 a share.

Entergy Corporation (NYSE:ETR) is an integrated energy company that is primarily focused on electric power production and retail electric distribution operations. The Company delivers electricity to utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy also owns and operates nuclear plants in the northern United States. In addition, the company also operates a natural gas distribution business.