Entergy reports second quarter 2014 earnings

Entergy Corporation (NYSE: ETR) today reported second quarter 2014 as-reported earnings of $189.4 million, or $1.05 per share, compared with $163.7 million, or 92 cents per share, for second quarter 2013. Operational earnings per share were 10 percent higher than the same quarter a year ago. On an operational basis, Entergy’s second quarter 2014 earnings were $200.3 million, or $1.11 per share, compared with $179.7 million, or $1.01 per share, in second quarter 2013.

“Our focus on operational excellence allowed us to continue to deliver on our commitments in the second quarter. At the Utility, we saw strong quarter-over-quarter industrial sales growth of 5.3 percent, and at Entergy Wholesale Commodities, solid performance was driven largely by improved fleet operations and no refueling outages, which allowed us to provide extended periods of uninterrupted power to the market,” said Entergy Chairman and Chief Executive Officer Leo Denault. “These results are further evidence of the progress we’ve made on many fronts over the past 18 months. The state of Entergy’s business is strong.”