Entergy Corp

ETR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$948.00	Vsxjvll	Jphpjyc

Entergy Earnings: Long-Term Growth on Track, Significant Valuation Upside

Travis Miller

Nov 2, 2023

We are reaffirming our $120 fair value estimate for Entergy after the company reported $3.27 adjusted earnings per share in the third quarter, up from $2.84 in the same year-ago quarter. Year-to-date earnings are on track to meet our full-year estimate. Management's updates support our long-term growth outlook. We are reaffirming our narrow moat rating.

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