8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date earliest event reported): January 19, 2006

Commission File Number	Registrant, State of Incorporation, Address and Telephone Number	I.R.S. Employer Identification No.
1-11299	ENTERGY CORPORATION (a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 576-4000	72-1229752
1-27031	ENTERGY GULF STATES, INC. (a Texas corporation) 350 Pine Street Beaumont, Texas 77701 Telephone (409) 838-6631	74-0662730
1-8474	ENTERGY LOUISIANA HOLDINGS, INC. (a Texas corporation) 10055 Grogans Mill Road Parkwood II Building Suite 500 The Woodlands, Texas 77380 Telephone (281) 297-3647 Former name and address: ENTERGY LOUISIANA, INC. (a Louisiana corporation) 4809 Jefferson Highway Jefferson, Louisiana 70121	72-0245590
1-32718	ENTERGY LOUISIANA, LLC (a Texas limited liability company) 4809 Jefferson Highway Jefferson, Louisiana 70121 Telephone (504) 840-2734	75-3206126
0-320	ENTERGY MISSISSIPPI, INC. (a Mississippi corporation) 308 East Pearl Street Jackson, Mississippi 39201 Telephone (601) 368-5000	64-0205830
0-5807	ENTERGY NEW ORLEANS, INC. (a Louisiana corporation) 1600 Perdido Building New Orleans, Louisiana 70112 Telephone (504) 670-3674	72-0273040

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition
Item 7.01. Regulation FD Disclosure

(Entergy Corporation)

The information in this Current Report on Form 8-K under Items 2.02 and 7.01, including exhibits 99.1 and 99.3, is being furnished, not filed, pursuant to Regulation FD.

On January 19, 2006, Entergy Corporation issued a public announcement, which is attached as Exhibit 99.1 hereto and incorporated herein by reference.

Item 2.02. Results of Operations and Financial Condition

(Entergy Mississippi)

The information in this Current Report on Form 8-K under Item 2.02, including exhibit 99.2, is being furnished, not filed, pursuant to Regulation FD.

On January 19, 2006, Entergy Mississippi will distribute to certain investors a free writing prospectus. The free writing prospectus contains information regarding Entergy Mississippi's results of operations for the year ended December 31, 2005, the text of which is attached hereto as Exhibit 99.2.

Item 8.01. Other Events.

(Entergy Corporation, Entergy Gulf States, Entergy Louisiana Holdings, Entergy Louisiana, LLC, Entergy Mississippi, and Entergy New Orleans)

Entergy announced on January 19, 2006 its refined estimates of storm restoration and business continuity costs in connection with Hurricanes Katrina and Rita, as follows:

Company	Estimated Costs (U.S. $ in millions)
Entergy Gulf States - Louisiana jurisdiction	195
Entergy Gulf States - Texas jurisdiction	380
Entergy Louisiana Holdings and Entergy Louisiana, LLC	510
Entergy Mississippi	120
Entergy New Orleans	275
Other	20
Total	1,500

The above cost estimates do not include other potential incremental losses that cannot be estimated at this time or any offset for recovery initiatives being pursued, including insurance reimbursement, federal assistance, and recovery from the Federal Energy Regulatory Commission and local regulatory bodies.

In this Current Report on Form 8-K and from time to time, Entergy makes statements concerning its expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Although Entergy believes that these forward-looking statements and the underlying assumptions are reasonable, it cannot provide assurance that they will prove correct. Except to the extent required by federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements involve a number of risks and uncertainties, and there are factors that could cause actual results to differ materially from those expressed or implied in these statements. Some of those factors include, but are not limited to: resolution of pending and future rate c ases and negotiations and other proceedings at local and federal regulatory agencies, Entergy's ability to manage its operation and maintenance costs, the performance of Entergy's generating plants, and particularly the capacity factor at its nuclear generating facilities, prices for power generated by Entergy's unregulated generating facilities, the ability to hedge, sell power forward or otherwise reduce the market price risk associated with those facilities, the ability to meet credit support requirements, and the prices and availability of power Entergy must purchase for its utility customers, uncertainty regarding establishment of sites for spent nuclear fuel storage and disposal, Entergy's ability to develop and execute on a point of view regarding prices of electricity, natural gas, and other energy-related commodities, changes in the financial markets, particularly those affecting the availability of capital and Entergy's ability to refinance existing debt, execute its share repurchase program, and f und investments and acquisitions, actions of rating agencies, including changes in the ratings of debt and preferred stock, general corporate ratings, and the rating agencies' ratings criteria, changes in environmental, tax, and other laws, the economic climate, changes in inflation, interest rates, and foreign currency exchange rates, changes in accounting standards, corporate governance, and security law requirements, Entergy's ability to purchase and sell assets at attractive prices and on other attractive terms, volatility and changes in markets for electricity, natural gas, uranium, and other energy-related commodities, changes in utility regulation and in regulation of the nuclear industry, resolution of pending or future applications for license extensions or modifications of nuclear generating facilities, the potential effects of threatened or actual terrorism and war, the effects of Entergy's strategies to reduce tax payments, Entergy's ability to attract and retain talented management and directors , the effects of litigation and weather, and uncertainties associated with efforts to remediate the effects of Hurricanes Katrina and Rita and recovery of costs associated with restoration including Entergy's ability to obtain financial assistance from governmental authorities in connection with these storms, the outcome of the Chapter 11 bankruptcy proceeding of Entergy New Orleans, Inc. and the impact, if any, of this proceeding on other Entergy companies.

Item 9.01. Financial Statements and Exhibits

(c) Exhibits.

Exhibit No.	Description
99.1	Release, dated January 19, 2006, issued by Entergy Corporation
99.2	Excerpt from Free Writing Prospectus of Entergy Mississippi, dated January 19, 2006.
99.3	Statement on Uses and Usefulness of Non-GAAP Information

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Entergy Corporation
Entergy Gulf States, Inc.
Entergy Louisiana Holdings, Inc.
Entergy Louisiana, LLC
Entergy Mississippi, Inc.
Entergy New Orleans, Inc.

By: /s/ Nathan E. Langston
Nathan E. Langston
Senior Vice President and
Chief Accounting Officer

Dated: January 19, 2006

EX-99

 

Entergy Corporation
500 Clinton Center Drive
Clinton, MS  39056

Exhibit 99.1

News
Release

Date:	January 19, 2006
For Release:	Immediate
Contact:	Yolanda Pollard (Media) (504) 576-4238 ypollar@entergy.com	Michele Lopiccolo (Investor Relations) (601) 339-2816 mlopicc@entergy.com

Entergy Provides Preliminary Fourth Quarter Earnings Guidance Reflecting
Higher Nuclear Profits Partially Offset by Hurricane-Related Effects at the Utility

Clinton, Miss. - Entergy Corporation (NYSE: ETR) today indicated that it expects fourth quarter 2005 as-reported earnings of approximately $0.42 per share and fourth quarter operational earnings of approximately $0.54 per share.

Fourth quarter 2005 as-reported earnings are expected to be lower compared to fourth quarter 2004, when Entergy reported $0.68 per share. These as-reported results, in accordance with generally accepted accounting principles, are comprised of operational earnings (described below) and special items which are those events that are less routine, are related to prior periods, or are related to discontinued businesses.

Fourth quarter as-reported 2005 results will include a special item to record a $(0.12) per share impairment loss at Entergy's competitive retail business in connection with the company's decision to pursue the sale of that business. This compares to $0.18 per share of special items recorded in fourth quarter 2004 comprised of the following:

• a loss from Entergy-Koch, LP of $(0.15) per share,
• an impairment of $(0.16) per share in connection with a power plant owned by Entergy's non-nuclear wholesale assets business, and
• tax benefits of $0.49 per share associated with restructuring a portion of Entergy's position in its non-nuclear wholesale assets business and the Entergy-Koch investment.

Fourth quarter 2005 operational earnings are expected to be higher compared to fourth quarter 2004, when Entergy reported operational earnings of $0.50 per share, due primarily to higher results at Entergy Nuclear. Fewer planned outages in fourth quarter 2005, higher pricing, lower operation and maintenance expense, and accretion in the current period resulting from the share repurchase program were the primary drivers of the higher results at Entergy Nuclear. In addition, operational results at Entergy's non-nuclear wholesale assets business are expected to be higher compared to one year ago due primarily to the sale of SO2 allowances during fourth quarter 2005.

The improved operational results at Entergy Nuclear and Entergy's non-nuclear wholesale assets business are expected to be partially offset by a decrease in earnings at Utility, Parent and Other. The decreased earnings in this business are due primarily to lower revenues associated with prolonged customer outages due to hurricanes in third quarter 2005, partially offset by warmer than normal weather in fourth quarter 2005, lower operation and maintenance expense, in part storm related, and the impact of accretion in the current period.

In addition, Entergy refined its estimates of storm restoration and business continuity costs in connection with Hurricanes Katrina and Rita.

Company	Estimated Costs (U.S. $ in millions)
Entergy Gulf States - LA	195
Entergy Gulf States - TX	380
Entergy Louisiana	510
Entergy Mississippi	120
Entergy New Orleans	275
Other	20
Total	1,500

The above cost estimates do not include other potential incremental losses that cannot be estimated at this time or any offset for recovery initiatives being pursued, including insurance reimbursement, federal assistance and recovery from the Federal Energy Regulatory Commission and local regulatory bodies.

As previously indicated, Entergy plans to issue earnings per share guidance for 2006 as part of its fourth quarter earnings release and provide details on guidance ranges consistent with its past practice. In addition, the company will provide estimates of cash flow and cash available to reflect its latest estimates of storm-related revenue and costs.

Finally, Entergy noted that events related to Hurricanes Katrina and Rita and the bankruptcy proceeding for Entergy New Orleans, Inc., among other things, that occur prior to the filing of the 2005 financial statements under Form 10-K, could result in a subsequent event(s) that need to be reflected in the Form 10-K in accordance with generally accepted accounting principles. This subsequent event(s) might materially change the accounting disclosures and/or the reported income of Entergy and one or more of its operating subsidiaries. Examples of events that might result in subsequent event accounting and disclosure could include a determination as to the permanent loss of certain customers, finalization of insurance proceeds, potential regulatory outcomes and/or other potential adverse events related to ENOI's filing for bankruptcy protection, among other things.

A teleconference will be held on January 31, 2006 at 10:00 a.m. CST to discuss Entergy's fourth quarter 2005 earnings announcement, and may be accessed by dialing (719) 457-2621 no more than 15 minutes prior to the start of the call. The confirmation number is 3816450. Internet users may also access the teleconference and view presentation slides by visiting Entergy's website at www.entergy.com/webcasts. 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.

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy has annual revenues of over $10 billion and approximately 14,000 employees.

-30-

Additional investor information can be accessed online at

www.entergy.com/earnings

In this release and from time to time, Entergy makes statements concerning its expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Although Entergy believes that these forward-looking statements and the underlying assumptions are reasonable, it cannot provide assurance that they will prove correct. Except to the extent required by federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements involve a number of risks and uncertainties, and there are factors that could cause actual results to differ materially from those expressed or implied in these statements. Some of those factors include, but are not limited to: resolution of pending and future r ate cases and negotiations and other proceedings at local and federal regulatory agencies, Entergy's ability to manage its operation and maintenance costs, the performance of Entergy's generating plants, and particularly the capacity factor at its nuclear generating facilities, prices for power generated by Entergy's unregulated generating facilities, the ability to hedge, sell power forward or otherwise reduce the market price risk associated with those facilities, the ability to meet credit support requirements, and the prices and availability of power Entergy must purchase for its utility customers, uncertainty regarding establishment of sites for spent nuclear fuel storage and disposal, Entergy's ability to develop and execute on a point of view regarding prices of electricity, natural gas, and other energy-related commodities, changes in the financial markets, particularly those affecting the availability of capital and Entergy's ability to refinance existing debt, execute its share repurchase program, and fund investments and acquisitions, actions of rating agencies, including changes in the ratings of debt and preferred stock, general corporate ratings, and the rating agencies' ratings criteria, changes in environmental, tax, and other laws, the economic climate, changes in inflation, interest rates, and foreign currency exchange rates, changes in accounting standards, corporate governance, and security law requirements, Entergy's ability to purchase and sell assets at attractive prices and on other attractive terms, volatility and changes in markets for electricity, natural gas, uranium, and other energy-related commodities, changes in utility regulation and in regulation of the nuclear industry, resolution of pending or future applications for license extensions or modifications of nuclear generating facilities, the potential effects of threatened or actual terrorism and war, the effects of Entergy's strategies to reduce tax payments, Entergy's ability to attract and retain talented management and dire ctors, the effects of litigation and weather, and uncertainties associated with efforts to remediate the effects of Hurricanes Katrina and Rita and recovery of costs associated with restoration including Entergy's ability to obtain financial assistance from governmental authorities in connection with these storms, the outcome of the Chapter 11 bankruptcy proceeding of Entergy New Orleans, Inc. and the impact, if any, of this proceeding on other Entergy companies.

EX-99

Exhibit 99.2

Excerpt from Free Writing Prospectus of Entergy Mississippi, Inc.
dated January 19, 2006

Recent Development: Based on preliminary unaudited financial reports, we expect our 2005 earnings applicable to common stock to be approximately 16% lower than that reported for 2004. We believe the primary reasons for the decrease in earnings in 2005 are a decrease in net revenue and increases in taxes other than income taxes and depreciation expense.

EX-99

Exhibit 99.3

STATEMENT ON USES AND USEFULNESS OF NON-GAAP FINANCIAL MEASURES

Exhibit 99.1 to this Report on Form 8-K (the "Pre-Release") contains the non-GAAP financial measure of operational earnings per share. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with United States generally accepted accounting principles, or GAAP. Pursuant to the requirements of Regulation G, Entergy has provided quantitative reconciliations within the Pre-Release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Operational earnings per share is not calculated in accordance with GAAP because it excludes the impact of "special items". Special items reflect the impact on earnings of events that are less routine, are related to prior periods, or are related to discontinued businesses. Management believes the discussion of operational earnings provides useful information to investors in evaluating the ongoing results of Entergy's businesses and assists investors in comparing the company's operating performance to the operating performance of others in the energy sector. Entergy management frequently references operational earnings in its decision-making, using that measure to facilitate historical and ongoing performance comparisons as well as comparisons to the performance of peer companies.

The non-GAAP information presented in the Pre-Release contains the material limitation of failing to consider significant non-operational items that impacted earnings as calculated in accordance with GAAP, and therefore does not give a complete picture of the results of operations as calculated in accordance with GAAP. Management compensates for this limitation by presenting its results of operation and financial condition using both the GAAP and non-GAAP measures provided in the Pre-Release. Investors and other readers should consider the use of operational earnings per share in addition to, and not as a substitute for, or superior to, as reported earnings per share, as prepared in accordance with GAAP.