Louisiana electricity customers are one step closer to saving a projected half a billion dollars or more following the Louisiana Public Service Commission's decision supporting Entergy Louisiana, LLC's and Entergy Gulf States Louisiana, L.L.C.'s proposal to join a large regional transmission organization.
Entergy Corporation Executive Vice President and Chief Financial Officer Leo Denault plans to provide a presentation on Tuesday, May 15, during the Deutsche Bank Securities 2012 Clean Tech, Utilities & Power Conference at The Waldorf-Astoria Hotel in New York City.
Entergy Corporation today reported an as-reported loss of $151.7 million, or 86 cents per share, compared with as-reported earnings of $248.7 million, or $1.38 per share, for first quarter 2011.
Entergy Corporation today indicated that it expects first quarter 2012 financial results to reflect an as-reported loss of approximately $(0.87) per share and operational earnings of approximately $0.43 per share.
The Board of Directors of Entergy Corporation has declared a quarterly dividend of 83 cents per common share.
Entergy Corporation today reported fourth quarter 2011 as-reported earnings of $154.1 million, or 87 cents per share, compared with $228.3 million, or $1.26 per share, for fourth quarter 2010. For the year, Entergy's as-reported earnings were $1.3 billion, or $7.55 per share, and operational earnings were $1.4 billion, or $7.62 per share.
The Board of Directors of Entergy Corporation has declared a quarterly dividend of 83 cents per common share.
Entergy Corporation today indicated that it expects fourth quarter 2011 as-reported earnings of approximately $0.86 per share and operational earnings of approximately $0.93 per share.
With an eye on meeting the future energy needs of its customers, Entergy New Orleans, Inc. filed a formal change of control request with the New Orleans City Council today to join a regional transmission organization, the Midwest Independent Transmission System Operator or MISO.
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