CenterPoint Energy, Inc. (NYSE:CNP) Q4 2023 Earnings Conference Call February 20, 2024 8:00 AM ET Company Participants Jackie Richert - VP Corporate Planning, IR and Treasurer Jason Wells - CEO Chris Foster - CFO Conference Call Participants Anthony Crowdell - Mizuho Steve Fleishman - Wolfe Research Constantine Lednev - Guggenheim Partners Durgesh Chopra - Evercore Sophie Karp - KeyBanc Julien Dumoulin-Smith - Bank of America Operator Good morning, and welcome to CenterPoint Energy's Fourth Quarter and Full ...

CenterPoint Energy (CNP) reported $2.18 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 19.5%. EPS of $0.32 for the same period compares to $0.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.76 billion, representing a surprise of -20.91%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.32.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

CenterPoint Energy, Inc. (CNP) reported fourth-quarter 2023 adjusted earnings of 32 cents per share, which came in line with the Zacks Consensus Estimate. The bottom line improved 14.3% from the year-ago quarter’s figure, driven by regulatory recovery and a one-time tax benefit.The company registered GAAP earnings of 30 cents per share compared with 19 cents in the prior-year quarter.For 2023, the company generated adjusted earnings of $1.50 per share compared with $1.38 in 2022. The full-year bottom line c ...

CenterPoint Energy (CNP) came out with quarterly earnings of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this energy delivery company would post earnings of $0.37 per share when it actually produced earnings of $0.40, delivering a surprise of 8.11%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.CenterPoint, w ...

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $192 million, or $0.30 per diluted share on a GAAP basis for the fourth quarter of 2023, compared to $0.19 per diluted share in the previous comparable period of 2022, and $867 million, or $1.37 per diluted share for the year ended December 31, 2023, compared to $1,008 million, or $1.59 per diluted share for the year ended December 31, 2022. Non-GAAP EPS for the fourth q ...

Solar | --- | --- | --- | --- | --- | |----------|--------------------------------|--------------------------|---------------|-----------------| | PPA with | Location | Expected Date in Service | Capacity (MW) | Term (in Years) | | Clenera | Warrick County, Indiana | 2025 | 100 | 25 | | Oriden | Vermillion County, Indiana | 2025 | 185 | 15 | | Origis | Knox County, Indiana | 2025 | 150 | 20 | | | | | 435 | | | --- | --- | |----------------------------------------------------|-------------------------------- ...

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion. The assets include approximately 12,000 miles of main pipeline in Louisiana and Mississippi serving approximately 380,000 metered customers. CenterPoint’s LDCs are the second largest natural gas LDCs in both Louisiana and Mississi ...

CenterPoint Energy, Inc. (CNP) is slated to report fourth-quarter and full-year 2023 results on Feb 20, before the opening bell.CNP delivered a trailing four-quarter average earnings surprise of 1.35%.Factors to NoteFor majority of the fourth quarter, CenterPoint Energy’s service territories witnessed a warmer-than-normal weather pattern, with a few regions recording their highest maximum temperature during November. Such a weather pattern is expected to have boosted electricity demand for cooling purposes. ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CenterPoint Energy (CNP) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Febr ...

CenterPoint Energy, Inc. (NYSE:CNP) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Jackie Richert - VP Corporate Planning, IR and Treasurer Dave Lesar - CEO Jason Wells - President and COO Chris Foster - CFO Conference Call Participants Shar Pourreza - Guggenheim Steve Fleishman - Wolfe Research Julien Dumoulin-Smith - Bank of America Jeremy Tonet - JP Morgan Securities David Arcaro - Morgan Stanley Operator Good morning, and welcome to CenterPoint Energy's Third Quarter 2 ...