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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 3.39B | 27.2% |
| Gross Profit | 2.64B | 37.9% |
| Cost of Revenue | 746M | 0.2% |
| Operating expense | 247M | 66.9% |
| Net Income | 646M | 1220% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 64.5B | 2.7% |
| Total Liabilities | 49.4B | 2.6% |
| Total Equity | 15B | 3.2% |
| Shares Outstanding | 214M | 0.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.56B | 52.4% |
| Cash from investing | -1.54B | 30.2% |
| Cash from financing | 29M | 86.2% |
EPS
Financial Highlights for Entergy in Q3 '24
Entergy reported a revenue of 3.39B, which is a 27.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.64B, marking a 37.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 746M, a -0.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 247M, showing a -66.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 646M, showing a 1220% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Entergy with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
