Entergy Corporation ETR reported second-quarter 2021 adjusted earnings of $1.34 per share, which missed the Zacks Consensus Estimate of $1.41 by 5%. Moreover, the reported figure declined 2.2% from $1.37 in the year-ago quarter.The company reported GAAP loss of 3 cents per share against earnings of $1.79 a year ago.Total RevenuesEntergy’s second-quarter revenues of $2,822.1 million exceeded the Zacks Consensus Estimate of $2,481.9 million by 13.7%. Further, revenues improved 17% from $2,412.8 million in the year-ago quarter, primarily due to higher Electric revenues.Entergy Corporation Price, Consensus and EPS Surprise Entergy Corporation price-consensus-eps-surprise-chart | Entergy Corporation QuoteSegment ResultsUtility: The segment’s quarterly earnings came in at $1.62 per share compared with $1.71 in the prior-year quarter.Parent & Other: The segment incurred a loss of 28 cents per share compared with a loss of 34 cents in the prior-year quarter.Highlights of the ReleaseOperating expenses in the second quarter were $2.65 billion, up 34.5% from $1.97 billion in the year-ago quarter.Operating income during the quarter totaled $168.2 million compared with $439.3 million in the year-ago quarter.Interest expenses were $213.4 million, up 4.3% from $204.7 million in the year-ago quarter.In the reported quarter, total retail customers served by the company increased 0.9% to 2.97 million.Financial HighlightsAs of Jun 30, 2021, the company had cash and cash equivalents of $686.9 million compared with $1,759.1 million as of Dec 31, 2020.Long-term debt was $24.2 billion at the end of second-quarter 2021 compared with $21.2 billion as of Dec 31, 2020.At the end of second-quarter 2021, the company generated cash from operating activities worth $796.1 million compared with cash generated from operating activities of $789.3 million in the prior-year quarter.Guidance 2021For 2021, Entergy still expects operational earnings of $5.80-$6.10 per share. The Zacks Consensus Estimate for the company’s earnings is currently pegged at $5.99 per share, which lies above the midpoint of the guided range.Zacks RankEntergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent Utility ReleasesAmerican Electric Power AEP reported second-quarter 2021 adjusted earnings per share of $1.18, which exceeded the Zacks Consensus Estimate of $1.14 by 3.5%.NextEra Energy NEE reported second-quarter 2021 adjusted earnings of 71 cents per share, which beat the Zacks Consensus Estimate of 67 cents by 5.6%.DTE Energy Company DTE reported second-quarter 2021 operating earnings per share (EPS) of $1.70, which beat the Zacks Consensus Estimate of $1.44 by 18.1%. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Entergy Corporation (ETR): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research