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Entergy (ETR) Beats Earnings Estimates in Q1, Reaffirms 2026 Guidance

Entergy Corporation (NYSE:ETR) is included among the 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds.

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Entergy Corporation (NYSE:ETR) delivers electricity and gas services to 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.

Entergy Corporation (NYSE:ETR) reported its Q1 2026 results on February 29, with the company’s adjusted EPS of $0.86 slightly above estimates by $0.02, driven by customer investments, regulatory actions, and offset by higher depreciation, taxes other than income taxes, and interest expense from capital expenditures. The utility’s Industrial sales growth was very strong at 15%, while overall retail sales grew by 6%.

Entergy Corporation (NYSE:ETR) reaffirmed its 2026 adjusted EPS guidance range of $4.25 to $4.45. Moreover, the company increased its long-term adjusted EPS outlooks, raising its 2027 outlook by $0.20 and its 2029 outlook by $0.50 to $6.40 per share. This is driven by an expected 8.5% compound annual retail sales growth through 2029, including a compound annual industrial growth of 16%.

Entergy Corporation (NYSE:ETR) also bumped up its four-year capital plan by $14 billion to $57 billion, primarily due to a new Electric Service Agreement that the company signed with Meta for another data center in North Louisiana. The investment includes seven new combined cycle units, transmission infrastructure, and battery storage facilities.

While we acknowledge the risk and potential of ETR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ETR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Sizzling Returns: 7 Energy Stocks That Just Hit New All-Time Highs and Powering the Future: Why These 7 Energy & Utility Stocks Are on Fire in April

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