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Entergy misses quarterly profit estimates on higher expenses
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Entergy misses quarterly profit estimates on higher expenses
Apr 24, 2024 3:59 AM

April 24 (Reuters) - Electric utility company Entergy

Corp ( ETR ) missed Wall Street estimates for first-quarter

profit on Wednesday, hurt by higher operating expenses and lower

commercial sales.

On an adjusted basis, the firm posted a profit of $1.08 per

share for the quarter that ended March 31, below the average

analysts' estimate of $1.51 per share, according to LSEG data.

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