Entergy Corporation (NYSE:ETR) reported fourth-quarter 2025 earnings below Wall Street expectations, sending shares down 2.45% in premarket trading Thursday.
The utility posted earnings of $0.51 per share on both a reported and adjusted basis, missing analyst estimates of $0.54 per share.
For full-year 2025, Entergy generated earnings of $3.91 per share, placing results in the upper half of its previously issued guidance range.
The company highlighted solid top-line momentum, with full-year retail electric sales increasing 4.1%, or 3.9% when adjusted for weather. Industrial sales were a standout, climbing 6.7% year over year.
“2025 was another important year in Entergy’s transformational growth story as we continued to secure significant electric service agreements with data centers and traditional industrial customers,” said Drew Marsh, Entergy Chair and Chief Executive Officer. “We delivered solid financial results, and we continued to show that our customer-first strategy creates significant value for all stakeholders.”
Fourth-quarter performance declined from the prior year’s $0.66 adjusted EPS. The year-over-year drop was driven by higher operating and maintenance costs, increased interest expenses, and greater depreciation.
Looking ahead, Entergy introduced 2026 adjusted earnings guidance in the range of $4.25 to $4.45 per share, signaling expected growth from 2025 levels.
The company also pointed to key regulatory milestones achieved during 2025, including approval of the Jefferson Power Station project in Arkansas and multiple 500 kV transmission investments across its footprint.
Industrial expansion remains a major growth driver, with Site Selection magazine naming Entergy a Top Utility in economic development for the 18th consecutive year.