-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJF6NF/y8aKnIhThTsh4CyCZ6yw28Myv51Da8fNLaHY8MgJbjZ61VLBHqn6kSrbK PiKjphpVJ/V+GEMEEEkmsw== 0000065984-02-000148.txt : 20020709 0000065984-02-000148.hdr.sgml : 20020708 20020708164241 ACCESSION NUMBER: 0000065984-02-000148 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020708 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11299 FILM NUMBER: 02698028 BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 5045764000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 8-K 1 a13802.txt 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) July 8, 2002 Commission Registrant, State of Incorporation, I.R.S. Employer File Number Address and Telephone Number Identification No. 1-11299 ENTERGY CORPORATION 72-1229752 (a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 576-4000 Form 8-K Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits (c) Exhibits. Exhibit Description No. 99.1 Release, dated July 8, 2002, issued by Entergy. Item 9. Regulation FD Disclosure Entergy Corporation On July 8, 2002, Entergy Corporation ("Entergy") issued a release to certain investors, which is attached as an exhibit hereto and incorporated herein by reference. 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 By: /s/ Nathan E. Langston Nathan E. Langston Senior Vice President and Chief Accounting Officer Dated: July 8, 2002 EX-99 3 a13802ex.txt Entergy Corporation 639 Loyola Avenue New Orleans, LA 70113 News Release Exhibit 99.1 Date: July 8, 2002 For Release: Immediate Contact: Morgan Stewart (Media) Nancy Morovich (Investor Relations) (504) 576-4238 (504) 576-5506 mstewa3@entergy.com nmorovi@entergy.com Entergy Offers Second Quarter Earnings Guidance, On Track to Achieve 2002 Guidance New Orleans, La. - In accordance with Regulation FD, Entergy Corporation (NYSE: ETR) today indicated that it expects to report second quarter 2002 financial results of at least $1.15 in operational earnings per share, including the impact of weather which was near normal during the period. This level of earnings exceeds the current consensus estimate and is consistent with previously stated full year earnings guidance. The current published First Call consensus estimate for Entergy's second quarter earnings is $1.11 per share. Entergy reaffirmed operational earnings guidance for the full year 2002 to be in the range of $3.40 to $3.60 per share. Entergy noted that it expects Utility results to be improved over second quarter 2001 due in part to higher sales volumes reflecting some firming in the economy. Entergy Nuclear is also expected to record stronger results compared to second quarter 2001 due to the contribution of the Indian Point 2 nuclear plant in Buchanan, N.Y. which was acquired in September 2001. Also, the absence of refueling outages in second quarter 2002 is expected to positively impact Entergy Nuclear's results compared to the same period in 2001 when two plant refueling outages were completed. Second quarter 2002 results at Energy Commodity Services are expected to be lower when compared to the same quarter a year ago when gas trading produced very strong results. Energy Commodity Services includes the operations of Entergy-Koch, the company's provider of wholesale energy marketing and trading services, and the recently restructured Entergy Wholesale Operations businesses. Results at Parent & Other are expected to be modestly lower compared to second quarter 2001 due to lower yields on investment balances. On an as reported basis, earnings for second quarter 2002 are expected to be negatively impacted by a special charge estimated to be from $(0.10) to $(0.15) per share. This special item will reflect the remaining restructuring charges, including severance costs, at Entergy Wholesale Operations, partially offset by a gain on the sale of certain assets which were sold as part of EWO's restructuring efforts. A special charge of $(1.15) per share was recorded in first quarter 2002, when the EWO restructuring was originally announced. At that time, total restructuring charges were estimated to range from $(1.15) to $(1.35) per share, including amounts expected to be recorded in the second quarter. A teleconference will be held on July 30, 2002, at 10:00 a.m. CDST, and may be accessed by calling Premiere Conferencing at (719) 457-2641 no more than 15 minutes prior to the start of the call. The confirmation number is 532311. Internet users may also access the teleconference 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 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. -30- Additional investor information can be accessed online at www.entergy.com/earnings 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. -----END PRIVACY-ENHANCED MESSAGE-----