**Strong Q3 Performance and Earnings Guidance Lift**: Entergy reported an adjusted EPS of $2.99 for Q3 2024. The company raised the bottom of its 2024 EPS guidance range by $0.10, reflecting strong performance. Industrial sales are expected to grow at a compound annual growth rate (CAGR) of 11% to 12% through 2028, primarily driven by a new customer in Louisiana.
**Increased Capital Investment and Long-Term Outlook**: Entergy's long-term capital plan has increased by $7 billion, primarily to support industrial sales growth and renewable energy interests. The adjusted EPS outlook for 2026 to 2028 projects a step-up in annual EPS growth of $0.35 to $0.85, indicating strong future performance driven by a robust pipeline of industrial customers.
**Focus on Clean Energy Investments**: The company emphasizes the integration of nuclear, solar, and carbon capture technologies to support customer decarbonization goals. Entergy is exploring advanced nuclear technology and deploying significant renewable resources, with approximately 2,600 megawatts of solar projects in various stages.