Entergy Corporation filed an 8-K earnings release on November 2, 2026, reporting third quarter 2026 earnings per share of $1.98 on both an as-reported and adjusted (non-GAAP) basis, and narrowing its full-year 2026 adjusted EPS guidance range.

Key Highlights

  • Q3 2026 EPS: Entergy reported earnings of $1.98 per share on both an as-reported and adjusted (non-GAAP) basis, up from $1.53 per share in Q3 2025.
  • Q3 2026 net earnings: Consolidated earnings totaled $940 million, compared to $694 million in Q3 2025, a change of $247 million.
  • Year-to-date adjusted EPS: Adjusted earnings per share of $3.89 for the first three quarters of 2026, versus $3.40 for the same period in 2025.
  • Guidance narrowed: The company narrowed its 2026 adjusted EPS guidance to a range of $4.35 to $4.45.
  • Quarterly dividend increase: Entergy's Board of Directors declared a quarterly dividend of 68 cents per share, described in the filing as a six percent increase.
  • DOE grant: The U.S. Department of Energy awarded $14 million in grants to Entergy utility companies to strengthen grid reliability.
  • LPSC approval: The LPSC approved Entergy Louisiana's $1.2 billion Babel to Webre transmission project.

Entergy Reports Higher Q3 2026 Earnings and Narrows Full-Year Outlook

According to the filing, Entergy Corporation (NYSE:ETR) reported third quarter 2026 consolidated earnings of $940 million, or $1.98 per share, on both an as-reported and an adjusted (non-GAAP) basis. This compares to Q3 2025 earnings of $694 million, or $1.53 per share. The estimated weather impact for the quarter was $116 million after tax, or $0.24 per share, versus $28 million, or $0.06 per share, in the prior-year quarter.

The Utility business was the primary earnings contributor, reporting Q3 2026 earnings attributable to Entergy Corporation of $1,079 million, or $2.28 per share, on both an as-reported and adjusted basis, up from $810 million, or $1.79 per share, in Q3 2025. The filing cited higher retail sales volume including weather effects, the net effect of regulatory actions across several operating companies, return on construction work in progress for certain utility plant investments, and higher other income as primary drivers. These were partially offset, according to the filing, by higher interest expense, other O&M, and depreciation and amortization.

Parent and Other reported a Q3 2026 loss of $(139 million), or (29) cents per share, compared to a loss of $(117 million), or (26) cents per share, in Q3 2025, with the filing attributing the change primarily to higher interest expense. For the full year, the company narrowed its 2026 adjusted EPS guidance to a range of $4.35 to $4.45. The filing noted that a reconciliation of non-GAAP guidance to GAAP guidance has not been provided because the company "cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period." Drew Marsh, Entergy Chair and Chief Executive Officer, stated in the release that the company has "clear line of sight to deliver on our near- and long-term objectives." These are the company's own characterizations and are subject to its cautionary language.

What Was Disclosed

Entergy's Q3 2026 earnings release disclosed consolidated earnings of $1.98 per share, full-year adjusted EPS guidance narrowed to $4.35 to $4.45, a 68-cent quarterly dividend representing a six percent increase, and several operational and regulatory milestones across its utility subsidiaries.