Entergy (ETR) Tops Q4 EPS by 19c; Offers FY19 EPS Guidance Below Consensus
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Entergy Reports Fourth Quarter and Full Year Financial Results; Initiates 2019 Earnings Guidance Based on Single New Measure
February 20, 2019 6:30 AM ESTNEW ORLEANS, Feb. 20, 2019 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported a fourth quarter 2018 loss per share of (36) cents on an as-reported basis and earnings per share of 60 cents on an operational basis (non-GAAP), which excludes the effects of special items. For the full year, the company reported 2018 earnings per share of $4.63 on an as-reported basis and $7.31 on an operational basis. The as-reported results for the quarter and full year reflected asset impairments and other expenses related to the strategic decision to exit the EWC business.
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