Entergy Corporation ETR reported first-quarter 2021 adjusted earnings of $1.47 per share, which surpassed the Zacks Consensus Estimate of $1.19 by 23.5%. Moreover, the reported figure also surged 28.9% from $1.14 in the year-ago quarter.Excluding the Entergy Wholesale Commodities (EWC) results, the company reported earnings of $1.66 per share compared with earnings of 59 cents a year ago.Total RevenuesEntergy’s first-quarter revenues of $2,844.8 million exceeded the Zacks Consensus Estimate of $2,461 million by 15.6%. Further, revenues improved 17.2% from $2,427.2 million in the year-ago quarter, primarily due to higher Electric and Natural gas 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 $1.77 per share compared with $1.59 in the prior-year quarter.Parent & Other: The segment incurred an adjusted loss of 30 cents per share compared with a loss of 45 cents in the prior-year quarter.Highlights of the ReleaseOperating expenses in the quarter were $2.34 billion, up 15.3% from $2.03 billion in the year-ago quarter.Operating income during the quarter totaled $508 million compared with $400 million in the year-ago quarter.Interest expenses were $205.9 million, up 0.1% from $205.6 million in the year-ago quarter.In the reported quarter, total retail customers served by the company increased 1.1% to 2.95 million.Financial HighlightsAs of Mar 31, 2021, the company had cash and cash equivalents of $1,742.7 million compared with $1,759.1 million as of Dec 31, 2020.Long-term debt was $24.1 billion at the end of first quarter 2021 compared with $21.2 billion as of Dec 31, 2020.At the end of first-quarter 2021, the company used cash in operating activities worth $49.6 million against cash generated from operating activities of $659.1 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 $5.96 per share, just 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 ReleasesDTE Energy Company DTE reported first-quarter 2021 operating earnings per share (EPS) of $2.44, which surpassed the Zacks Consensus Estimate of $2.16 by 13%.American Electric Power Co., Inc. AEP reported first-quarter 2021 adjusted earnings per share of $1.15, which missed the Zacks Consensus Estimate of $1.23 by 6.5%.NextEra Energy, Inc. NEE reported first-quarter 2021 adjusted earnings of 67 cents per share, which beat the Zacks Consensus Estimate of 60 cents by 11.7%.Zacks Names “Single Best Pick to Double”From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >> 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 Entergy Corporation (ETR): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research