On Friday, Shares of Entergy Corporation (NYSE: ETR) gained 0.30% to $96.51. The stock grabbed the investor’s attention and traded 8,779 shares as compared to its average daily volume of 1.51M shares. The stock’s institutional ownership stands at 92.10%.
Entergy Corp. (ETR) stated a loss of $62.30M in its fourth quarter. The New Orleans-based company said it had a loss of 36 cents per share. Earnings, adjusted for non-recurring costs, were 60 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.
The power company posted revenue of $2.510B in the period.
For the year, the company stated profit of $862.60M, or $4.63 per share. Revenue was stated as $11.010B. The company anticipates full-year earnings in the range of $5.10 to $5.50 per share.
ETR has a market value of $18.34B while its EPS was booked as $4.63 in the last 12 months. The stock has 190.63M shares outstanding. In the profitability analysis, the company has gross profit margin of 83.50% while net profit margin was 7.70%. Beta value of the company was 0.38; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.10.
