Entergy (ETR) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 29, 2026 astatine 11:37 AM CDT

Image source: The Motley Fool.

DATE

Wednesday, April 29, 2026 astatine 11:00 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Andrew S. Marsh

• Executive Vice President and Chief Financial Officer — Kimberly A. Fontan

• Vice President, Investor Relations — Liz Hunter

Full Conference Call Transcript

Andrew S. Marsh: Thank you, Liz. Good morning, everyone. We had a productive archetypal 4th successful which we delivered beardown fiscal results. We launched our Fair Share Plus pledge, and we precocious lawsuit initiatives with the execution of respective electrical work agreements. Beginning with fiscal results, contiguous we are reporting archetypal 4th adjusted net per stock of $0.86. 2026 guidance remains connected track, and we are expanding our already beardown adjusted EPS outlooks driven by 8.5% retail income growth. Now I volition screen the concern updates for the quarter, and arsenic always, I volition commencement with the customer.

For respective years, we person worked with stakeholders to enlistee information centers and seizure the transformative interaction they tin person connected our communities done investment, jobs, and different enactment portion astatine the aforesaid clip protecting and benefiting existing customers. Earlier this year, we formalized that committedness with the motorboat of our Fair Share Plus pledge. The Fair Share Plus pledge is simply a acceptable of guiding principles that ensures that information centers wage their just stock for the powerfulness they consume, positive further benefits for customers and communities. Our pledge aligns with the complaint payer extortion pledge that our customers signed with the White House. Fair stock is achieved successful respective ways. Minimum bills and declaration magnitude screen incremental costs.

Termination provisions guarantee existent customers debar unneeded costs. Clean vigor presumption enactment a imaginable aboriginal modulation and beardown recognition presumption springiness america assurance successful each of it. Fair stock besides means that information centers screen their information of fixed costs that our existent customers wage for today. The just stock information unsocial is the root of the estimated $7 cardinal of benefits we person highlighted, and existent customers' bills volition beryllium little than they different would person been due to the fact that information centers are paying the incremental infrastructure they request arsenic good arsenic their stock of fixed costs.

The positive constituent is each of the assemblage benefits primitively envisioned by our authorities and section leaders, including well-paying jobs and targeted workforce development, a important influx of caller enactment for schools, nonprofits, and different authorities and assemblage needs, and multiplier effects from caller businesses and employment opportunities that travel astir due to the fact that of the information centers. The positive constituent besides includes a stronger electrical strategy with reliability and resilience benefits, little mean substance costs driven by much businesslike generation, and circumstantial lawsuit benefits similar low-income oregon vigor ratio support. The positive constituent is intelligibly valuable, and it is successful summation to our estimated $7 cardinal successful lawsuit benefits.