Entergy Corp
ETR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$891.00 | Wvfyxym | Cqqrppqnd |
Entergy Earnings: Moving Forward With Growth Plan; One of the Cheapest U.S. Utilities
We are reaffirming our $120 fair value estimate for Entergy after the company reported earning $1.14 per share on an adjusted basis during the first quarter of 2023, down from the first quarter of 2022 due to unfavorable winter weather, as we expected. We are reaffirming our narrow moat and stable moat trend ratings.