NYSE:ETRElectric Utilities
Entergy (ETR) Margin Decline Raises Questions for Growth Narratives
Entergy (ETR) posted earnings growth of 3% in its latest results, bringing its annual earnings growth forecast to 11.59% and revenue growth to 7.1% per year. While these reflect continued gains, both are expected to trail the broader US market’s faster pace, with average annual growth rates of 15.7% for earnings and 10.3% for revenue. Net profit margins slipped slightly to 14.2% compared to 14.8% a year ago, and over the past five years, earnings have grown at an average rate of 6.7%...