Proposal reflects largest investment in Greater Houston infrastructure in the company's nearly 160-year history and includes a proposal to forego $110 million in profits HOUSTON, Aug. 28, 2024 /PRNewswire/ -- CenterPoint Energy today announced the completion, ahead of schedule, of core resiliency actions as part of the first phase of its Greater Houston Resiliency Initiative (GHRI) – which included a series of targeted actions to improve the resiliency of CenterPoint Houston Electric's grid this hurricane s ...

CenterPoint Energy, Inc. (NYSE:CNP) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Jackie Richert - SVP, Corporate Planning, IR and Trustees Jason Wells - CEO Chris Foster - CFO Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research Jeremy Tonet - JPMorgan Securities Nicholas Campanella - Barclays Durgesh Chopra - Evercore David Arcaro - Morgan Stanley Julien Dumoulin Smith - Jefferies Anthony Crowdell - Mizuho Good morning and welcome to CenterPoint Energy Second Quarter 2024 Earni ...

For the quarter ended June 2024, CenterPoint Energy (CNP) reported revenue of $1.91 billion, up 1.6% over the same period last year. EPS came in at $0.36, compared to $0.28 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.88 billion, representing a surprise of +1.07%. The company delivered an EPS surprise of +9.09%, with the consensus EPS estimate being $0.33. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

CenterPoint Energy (CNP) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this energy delivery company would post earnings of $0.51 per share when it actually produced earnings of $0.55, delivering a surprise of 7.84%. Over the last four quar ...

CenterPoint 。 Energy Examples of forward-looking statements in this presentation and the oral statements made in connection herewith include statements about Houston Electric's hurricane pre plan, capital investments (induding with respect to incremental capital opportunities, deployment of capital, renewables projects, and financing of such projects), the limi cases for CenterPoint and its subsidiaries, the transmission and distribution system resiliency plan filed by Houston Electric with the Public Utili ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________________ TO __________________ Commission file number 1-31447 CenterPoint Energy, Inc. (Exact name of registrant as specified in i ...

CenterPoint Energy, Inc. (CNP) is slated to report second-quarter 2024 results on Jul 30 before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 7.84%. The company holds a four-quarter average earnings surprise of 3.13%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Note The majority of the company's service territories experienced warmer-than-normal temperature patterns for most of the second quarter. Suc ...

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 ...