QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250

Quarterly Financial Data (Unaudited)

QUARTERLY FINANCIAL DATA (UNAUDITED) (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy)

Operating results for the four quarters of 2019 and 2018 for Entergy Corporation and subsidiaries were:



	Operating Revenues		Operating Income (Loss)			Consolidated Net Income (Loss)			Net Income (Loss) Attributable to Entergy Corporation
	(In Thousands)
2019:
First Quarter		$2,609,584		$283,254			$258,646			$254,537
Second Quarter		$2,666,209		$338,775			$240,533			$236,424
Third Quarter		$3,140,575		$519,929			$369,459			$365,240
Fourth Quarter		$2,462,305		$248,539			$389,606			$385,025
2018:
First Quarter		$2,723,881		$335,664			$136,200			$132,761
Second Quarter		$2,668,770		$91,597			$248,860			$245,421
Third Quarter		$3,104,319		$271,035			$539,818			$536,379
Fourth Quarter		$2,512,482		($228,931	)		($62,323	)		($65,900	)

Earnings (loss) per average common share



	2019				2018
	Basic		Diluted		Basic			Diluted
First Quarter		$1.34		$1.32		$0.73			$0.73
Second Quarter		$1.22		$1.22		$1.36			$1.34
Third Quarter		$1.84		$1.82		$2.96			$2.92
Fourth Quarter		$1.96		$1.94		($0.37	)		($0.36	)

Results of operations for 2019 include: 1) a loss of $190 million ($156 million net-of-tax) as a result of the sale of the Pilgrim plant in August 2019; 2) a $156 million reduction in income tax expense recognized by Entergy Wholesale Commodities as a result of an internal restructuring; and 3) impairment charges of $100 million ($79 million net-of-tax) due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business. See Note 3 to the financial statements for further discussion of the internal restructuring. See Note 14 to the financial statements for further discussion of the sale of the Pilgrim plant.

Results of operations for 2018 include: 1) $532 million ($421 million net-of-tax) of impairment charges due to costs being charged directly to expense as incurred as a result of the impaired value of the Entergy Wholesale Commodities nuclear plants’ long-lived assets due to the significantly reduced remaining estimated operating lives associated with management’s strategy to exit the Entergy Wholesale Commodities’ merchant power business; 2) a $170 million reduction of income tax expense and a regulatory liability of $40 million ($30 million net-of-tax) as a result of customer credits recognized by Utility, as a result of an internal restructuring; 3) a $107 million reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a restructuring of the investment holdings in one of its nuclear plant decommissioning trust funds; 4) a $52 million income tax benefit, recognized by Entergy Louisiana, as a result of the settlement of the 2012-2013 IRS audit, associated with the Hurricane Katrina and Hurricane Rita contingent sharing obligation associated with the Louisiana Act 55 financing; and 5) a $23 million

reduction of income tax expense, recognized by Entergy Wholesale Commodities, as a result of a state income tax audit. See Note 14 to the financial statements for further discussion of the impairment and related charges. See Notes 2 and 3 to the financial statements for further discussion of the internal restructuring and customer credits. See Note 3 to the financial statements for further discussion of the IRS audit settlement, the state income tax audit, and restructuring of the decommissioning trust fund investment holdings.

The business of the Utility operating companies is subject to seasonal fluctuations with the peak periods occurring during the third quarter. Operating results for the Registrant Subsidiaries for the four quarters of 2019 and 2018 were:

Operating Revenues



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$545,812		$959,330		$282,244		$163,194		$340,474		$140,104
Second Quarter		$542,929		$1,106,317		$302,737		$175,793		$363,580		$139,009
Third Quarter		$687,526		$1,231,677		$398,732		$194,204		$442,877		$145,472
Fourth Quarter		$483,327		$987,851		$339,330		$153,032		$342,024		$148,825
2018:
First Quarter		$551,024		$1,029,344		$315,743		$188,275		$348,940		$148,443
Second Quarter		$494,605		$1,072,788		$353,689		$178,446		$403,486		$112,456
Third Quarter		$568,399		$1,206,612		$367,734		$200,182		$477,231		$78,965
Fourth Quarter		$446,615		$987,576		$297,946		$150,487		$376,245		$116,843

Operating Income (Loss)



	Entergy Arkansas			Entergy Louisiana		Entergy Mississippi			Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$42,471			$153,944		$30,792			$16,136		$16,741		$31,368
Second Quarter		$69,774			$241,520		$45,607			$17,509		$36,022		$24,300
Third Quarter		$182,176			$336,754		$87,024			$28,876		$69,510		$29,086
Fourth Quarter		$32,576			$164,424		$40,331			$6,164		$24,229		$30,231
2018:
First Quarter		$66,647			$141,319		$41,432			$17,869		$41,082		$30,941
Second Quarter		$26,501			$150,160		($63,801	)		$27,943		$58,637		$23,406
Third Quarter		$34,785			$236,518		$45,215			$21,544		$99,966		($17,879	)
Fourth Quarter		($82,704	)		$147,774		$23,600			$6,836		$6,741		$7,212

Net Income



	Entergy Arkansas		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy
	(In Thousands)
2019:
First Quarter		$39,121		$127,633		$15,398		$9,023		$21,342		$23,578
Second Quarter		$50,299		$183,084		$26,667		$13,003		$38,936		$24,472
Third Quarter		$149,716		$255,260		$56,237		$24,908		$73,224		$25,031
Fourth Quarter		$23,828		$125,560		$21,623		$5,695		$25,895		$26,039
2018:
First Quarter		$36,255		$111,593		$22,843		$10,882		$17,350		$22,308
Second Quarter		$82,556		$184,358		$38,242		$18,269		$30,789		$23,387
Third Quarter		$128,890		$218,308		$50,733		$21,407		$65,846		$22,972
Fourth Quarter		$5,006		$161,355		$14,260		$2,594		$48,250		$25,442

Earnings Applicable to Common Equity/Stock



	Entergy Arkansas		Entergy Mississippi		Entergy New Orleans		Entergy Texas
	(In Thousands)
2019:
First Quarter		$39,121		$15,398		$9,023		$21,342
Second Quarter		$50,299		$26,667		$13,003		$38,936
Third Quarter		$149,716		$56,237		$24,908		$73,114
Fourth Quarter		$23,828		$21,623		$5,695		$25,425
2018:
First Quarter		$35,898		$22,605		$10,882		$17,350
Second Quarter		$82,199		$38,003		$18,269		$30,789
Third Quarter		$128,533		$50,495		$21,407		$65,846
Fourth Quarter		$4,828		$14,141		$2,594		$48,250