The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 3.47% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors ...

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CenterPoint Energy, Inc. ("CenterPoint" or the "Company") (NYSE: CNP). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether CenterPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On t ...

The investigation concerns whether CenterPoint and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On July 8, 2024, Hurricane Beryl made landfall in Texas as a Category 1 storm. The impact of the storm left roughly 2.2 million CenterPoint customers without power. Six days after the storm, some 270,000 homes and businesses in the Houston area were still without power. At a press conference on July 14, 2024, Texas Governor Greg Abbott said that h ...

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CenterPoint Energy, Inc. ("CenterPoint" or "the Company") (NYSE: CNP). Investors who purchased CenterPoint securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CNP. On July 8, 2024, Hurricane Beryl made landfall in Texas as a Category 1 storm. The impact of the storm left ro ...

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. CenterPoint Energy (CNP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. CenterPoint Energy is a member of the Utilities sector. This group includes 105 individual stocks and currently holds a Zacks Sector Rank of #2. The Zack ...

Company Overview - CNP Laboratory was founded by dermatologists from Cha and Park Dermatology in the 1990s and has grown into a significant dermatology chain with 22 branches across Korea [1] - CNP Cosmetics was established in 2000 to provide safe and effective skincare solutions for home use, leveraging years of clinical experience [1] - CNP Laboratory combines extensive dermatological clinical experience with a philosophy that "true beauty starts with healthy skin," and has become a leading brand in Korea recognized for its efficacy [3] Product Launch and Market Presence - CNP's flagship product, Propolis Lipcerin™, is gaining attention on Amazon in the United States, particularly after going viral on TikTok [5] - The CNP Propolis Lipcerin™ will be offered at a 30% discount during Amazon's Prime Day, providing an opportunity for customers to try this popular lip care product [2] - CNP Propolis Ampoule, known for promoting "glass skin," has sold over 6 million bottles since its release in 2005 and consistently ranks as a top-selling product in South Korea [6] Corporate Development - LG Household & Health Care (LG H&H) acquired CNP Cosmetics in 2014, helping CNP establish itself as a leading brand in the dermocosmetics market [8] - LG H&H has a 75-year history in the industry, focusing on innovation and customer-centric marketing to meet evolving beauty and lifestyle needs [8]

Date: July 30, 2024 Click "Investors", and click the link "CenterPoint Energy, Inc. Second Quarter 2024 Earnings Conference Call" Houston, TX, June 26, 2024 (GLOBE NEWSWIRE) -- Listen via internet: http://investors.centerpointenergy.com/ Time: 7:00 a.m. Central time or 8:00 a.m. Eastern time As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distri ...

• Data demonstrate significant improvements in well-being and physical functioning compared to placebo in patients treated for 1 year with TransCon CNP at the pivotal 100μg/kg/week dose • Improvements could not be explained by changes in linear growth only, supporting a potential additional direct treatment effect of TransCon CNP beyond linear growth COPENHAGEN, Denmark, June 24, 2024 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced the oral presentation of data from its Phase 2 ACcomp ...

Core Viewpoint - CenterPoint Energy reported a strong first quarter with adjusted EPS of $0.55, exceeding consensus estimates, despite a 5% revenue decline due to lower commodity prices [1][9] Financial Performance - Revenue decreased by 5% to $2.62 billion, a drop of $159 million, primarily driven by lower natural gas prices, which reduced energy costs by $291 million [1] - Earnings increased by 10% year-over-year, supported by higher rates and a weather benefit, while interest expenses posed a slight headwind [1] - Excluding energy costs, revenue rose by over $130 million, consistent with upper single-digit rate base growth [1] Regulatory Environment - CenterPoint achieved a $5 million revenue increase from its Texas Gas rate case, earning a 9.8% return on equity, above its average of 9.64% [1] - The company has maintained a flat average monthly bill in Houston for 10 years at $49, with the recent rate increase expected to raise bills by less than 0.1% [1] Customer Base and Market Dynamics - CenterPoint serves 2.8 million customers in the Greater Houston area, benefiting from positive population dynamics and net migration to Texas [1][2] - The growing customer base allows for spreading capital spending across more customers, mitigating per-customer impacts [1] Capital Expenditure and Growth Strategy - The company has a $44.5 billion 10-year capital expenditure plan, with $3.7 billion targeted for this year [7] - Approximately 80% of capital spending leads to interim recovery, enhancing shareholder benefits from investments [2] - Management reaffirmed guidance of 8% EPS growth for the year and 6-8% growth through 2030, supported by a targeted 8-10% annual increase in the rate base [1][7] Debt Management - CenterPoint has an $18.1 billion debt load, with a current 14.6% FFO/Debt ratio aligning with its 14-15% target [1] - About 90% of existing debt is fixed-rate or hedged, reducing sensitivity to interest rate fluctuations [1] Equity Issuance and Future Plans - The company plans to issue $250 million in equity this year, having completed over 75% of this total, which reduces near-term market risk [11] - CenterPoint is repositioning its equity base favorably, including the planned sale of its Louisiana and Mississippi operations for $1.2 billion, which will fund growth in Houston [12][13]

Core Viewpoint - The analysis focuses on identifying undervalued stocks in the Utility - Electric Power sector, specifically comparing CenterPoint Energy (CNP) and PSEG (PEG) based on various valuation metrics and earnings outlooks [7]. Valuation Metrics - The Value category of the Style Scores system evaluates companies using key metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share to determine fair value [2]. - CNP has a forward P/E ratio of 19.11 and a PEG ratio of 2.73, while PEG has a forward P/E of 19.94 and a PEG ratio of 3.04, indicating that CNP is currently the superior value option [5][6]. Earnings Outlook - Both CNP and PEG hold a Zacks Rank of 2 (Buy), suggesting positive earnings estimate revisions and an improving earnings outlook for both companies [4]. Additional Valuation Comparisons - CNP has a P/B ratio of 1.98, which is lower than PEG's P/B ratio of 2.32, further supporting the argument that CNP presents a better value opportunity [9].