Entergy Affirms 2026 Guidance Amid Hyperscale Data Center Growth
Event summary
- Entergy reported Q1 2026 earnings of $0.83 per share (as-reported) and $0.86 per share (adjusted), up from $0.82 in Q1 2025.
- The company affirmed its 2026 adjusted EPS guidance range of $4.25 to $4.45.
- Entergy announced a new 20-year electric service agreement with Evest LLC, a subsidiary of Meta Platforms, Inc., in Louisiana.
- The PUCT approved an update to E-TX's TCRF rate, and E-TX submitted a GCRR filing to place OCAPS investment in rates.
- The APSC approved E-AR's 600 MW Arkansas Cypress Solar with 350 MW of battery storage.
The big picture
Entergy's Q1 2026 results highlight the growing demand for electricity from hyperscale data centers and other industrial customers, particularly in Louisiana. The company's ability to navigate regulatory approvals and secure long-term customer agreements will be critical to its strategic positioning in a rapidly evolving energy landscape. The affirmed 2026 guidance suggests confidence in its capital plan and adjusted EPS outlooks, despite higher interest expenses and depreciation costs.
What we're watching
- Regulatory Dynamics
- How the PUCT's approval of E-TX's TCRF rate update and other regulatory actions will impact Entergy's cost recovery mechanisms.
- Industrial Demand
- Whether Entergy can sustain the 14.9% increase in industrial volume driven by data centers and other large customers.
- Renewable Energy Growth
- The pace at which Entergy can expand its renewable energy portfolio, particularly with the APSC's approval of the Arkansas Cypress Solar project.
Related topics