Entergy Corp.

-1.21 (-1.17%)
Other Pre-Announcement, Environmental

Entergy Provides Update On Hurricane Ida

Published: 09/21/2021 21:55 GMT
Entergy Corp. (ETR) - Entergy Provides Update on Hurricane Ida.
Entergy Corp - Co's Utilities Have Restored Power to Approximately 932,000 Customers.
Entergy - Total Restoration Costs for Repair And/or Replacement of Electrical Facilities Damaged by Hurricane Ida Estimated to Be $2.1 Billion to $2.6 Billion.
Entergy Corp - Most of Storm Costs Were Incurred by Entergy Louisiana and Entergy New Orleans.
Entergy Corp - Also Expects Utility Revenues in 2021 to Be Adversely Affected, Primarily Due to Power Outages Resulting From Hurricane.
Entergy Corp - Affirms Its 2021 Adjusted Earnings per Share Guidance Range of $5.80 to $6.10.
Entergy Corp - Believes Its Liquidity is Sufficient to Meet Its Current Obligations.
Entergy Corp - Preliminary Estimate for Entergy Louisiana is $2.0 Billion to $2.4 Billion.
Entergy Corp - Preliminary Estimate for Entergy New Orleans is $120 Million to $150 Million.
Entergy Corp - Affirms Its 2022 and 2023 Adjusted Earnings per Share Outlooks of $6.15 to $6.45 and $6.55 to $6.85, Respectively.