Entergy Q3 earnings preview signals upcoming results, a key catalyst for the stock.
Context
What happened: Entergy ($ETR) is scheduled to report Q3 earnings on Monday, November 2nd, before market open.
Key numbers: Consensus EPS estimate is $1.70, up 11.1% Y/Y. Consensus revenue estimate is $4.15B. Over the last 2 years, $ETR beat EPS estimates 88% of the time and revenue estimates 0% of the time.
Why it matters: The estimates set expectations for the report, and the two-year beat history shows a pattern of EPS beats alongside no revenue beats.