Exhibit 99.1
Entergy Corporation
[Logo of Entergy] 639 Loyola Avenue
New Orleans, LA 70113
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News
Release
Date: April 3, 2001
For Release: Immediate
Contact: Yolanda Pollard (Media) Nancy Morovich (Investor Relations)
504-576-4238 504-576-5506
ypollar@entergy.com nmorovi@entergy.com
Entergy Offers First Quarter Earnings Guidance
(New Orleans) - In accordance with Regulation FD, Entergy
Corporation (NYSE: ETR) today indicated that it expects first
quarter 2001 operational earnings per share to exceed by
10 to 15 percent the high end of current published earnings
consensus estimates primarily as a result of solid performance in
Entergy's competitive businesses. Entergy expects operational
earnings for the full year 2001 to be in the range of $3.00 to
$3.20, unchanged from its previously issued earnings guidance.
Entergy plans to release first quarter earnings on Wednesday,
April 25, 2001. A teleconference will be held at 10:00 CDST, and
may be accessed by calling Premiere Conferencing at 913-981-4910 no
more than 15 minutes prior to the start of the call. The
confirmation number is 712190. For seven days following the
teleconference, a tape delay will be available and may be
accessed by dialing 719-457-0820. The confirmation number is the
same. Internet users may also access the teleconference by
visiting Entergy's website at www.entergy.com.
Entergy is a major global energy company with power
production, distribution operations and related diversified
services. Entergy owns, manages, or invests in power plants
generating more than 30,000 megawatts of electricity domestically
and internationally, and delivers electricity to about 2.6 million
customers in portions of Arkansas, Louisiana, Mississippi and
Texas. Through Entergy-Koch, L.P., it is also a leading provider
of wholesale energy marketing and trading services.
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Entergy's online address is www.entergy.com.
The following constitutes a "Safe Harbor" statement under the
Private Securities Litigation Reform Act of 1995: Investors are
cautioned that forward-looking statements contained in the
foregoing release with respect to the revenues, earnings,
performance, strategies, prospects and other aspects of the
business of Entergy Corporation may involve risks and
uncertainties. Actual events and results may, for a variety of
reasons, prove to be materially different from those indicated in
these forward-looking statements, estimates and projections.
Factors that could influence actual future outcomes include
regulatory decisions, the effects of changes in law, the evolution
of markets and competition, changes in accounting, weather, the
performance of generating units, fuel prices and availability,
financial markets, risks associated with businesses conducted in
foreign countries, changes in business plan, the presence of
competitors with greater financial resources and the impact of
competitive products and pricing; the effect of the Entergy
Corporation's policies, including the amount and rate of growth
of Entergy Corporation's expenses; the continued availability
to Entergy Corporation of adequate funding sources and changes in
interest rates; delays or difficulties in the production,
delivery or installation of products and the provision of
services; and various legal, regulatory and litigation risks.
Entergy Corporation undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise. For a more detailed
discussion of some of the foregoing risks and uncertainties, see
Entergy Corporation's filings with the Securities and Exchange
Commission.