![ENTERGY CORP /DE/ [ETR] reports quarterly net loss of $76.5 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FETR.png&w=1200&q=75)
ENTERGY CORP /DE/ [ETR] has reported a net loss Consolidated net income of $76.5 million for quarter ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue Revenue from Contract with Customer Excluding Assessed Tax for the quarter was $2.8 billion
Based in NEW ORLEANS, Louisiana, ENTERGY CORP /DE/ operates in the TRANSPORT sector.
In the latest financial report for the quarter ending March 31, 2024, compared to the same quarter in 2023, the company reported the following key financial metrics.
- Revenue from Contracts with Customers, excluding assessed tax, stood at $2.795 billion in the current period, showing a decrease from $2.981 billion in the previous year.
- Costs and expenses totaled $2.557 billion in the recent period, slightly up from $2.519 billion in the prior year.
- Operating income decreased significantly to $238 million, down from $462 million in the same period last year.
- Net income for the current reporting period was $76.536 million, a notable decrease compared to $312.299 million in the previous year.
- Earnings per share for basic and diluted amounts were $0.35 in the current period, down from $1.47 in the previous year.
Overall, the company experienced a decline in revenue, operating income, and net income in the current quarter compared to the corresponding quarter in the previous year. The decrease in earnings per share also reflects the challenging financial performance for the period.
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