New Orleans, LA based Entergy Corporation (ETR - Free Report) is primarily engaged in electric power production and retail distribution of power. Entergy's disciplined investments in growth projects are expected to be the major drivers for earnings over the long haul. Entergy plans to invest $10.4 billion in the 2017–2019 time frame, with the major share going to its generation and transmission business.

However, the company depends upon rate relief at regular intervals and any adverse decision can materially impact the company’s earnings.

Estimate Trend & Surprise History

Coming to the earnings surprise, Entergy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 85.43%.

Zacks Rank: Currently, Entergy has a Zacks Rank #3 (Hold) but that could change following its fourth-quarter 2017 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Entergy’s fourth-quarter adjusted earnings per share came in at 76 cents beating the Zacks Consensus Estimate of 42 cents by 81%.

Key Stats: The company registered a 0.6% year over year improvement in total retail customer count in 2017.

Entergy Corporation Price and EPS Surprise

Entergy Corporation Price and EPS Surprise | Entergy Corporation Quote

Stock Price: It would be interesting to see how the market reacts to the earnings release during the trading session today.