It has been about a month since the last earnings report for CenterPoint Energy (CNP) . Shares have added about 0.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is CenterPoint due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. CenterPoint Energy's Q1 Earnings Top ...

4 ~$2.2B to $2.7B Capital Investment Plan Range (2025-2027)(1) Electric System Hardening and Modernization (~$1.7B - $2.1B) • Replace and upgrade assets most susceptible to severe weather or other disruptions • Includes transmission system hardening, distribution circuit rebuilds, and strategic undergrounding Physical Security (~$35MM) • Enhance security at critical substations • Includes asset protection and security monitoring system upgrades Wildfire Mitigation (~$140MM) • Expand wildfire risk modeling a ...

As you can see on the slide, weÂ've also included S&PÂ's calculation on the slide this quarter and will continue to do so going forward. As the computations illustrate, weÂ've adjusted our calculations for one-time items, mainly driven by Winter Storm Uri. We have had two years of one-time items related to the over $1 billion of extraordinary gas costs associated with that storm. We donÂ't believe that this debt, nor the eventual receipt of the proceeds and associated taxes, were indicative of the fundament ...

CenterPoint Energy, Inc. (CNP) reported first-quarter 2024 adjusted earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The bottom line improved 10% from the year-ago quarter’s figure of 50 cents per share.The year-over-year improvement can be attributed to regulatory recovery and favorable weather impacts.The company registered GAAP earnings of 55 cents per share, which increased 12.2% from the prior-year quarter’s figure of 49 cents per share.Q1 RevenuesCNP ge ...

CenterPoint Energy (CNP) reported $2.62 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.7%. EPS of $0.55 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of -6.98% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being $0.51, the EPS surprise was +7.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

CenterPoint Energy (CNP) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.84%. A quarter ago, it was expected that this energy delivery company would post earnings of $0.32 per share when it actually produced earnings of $0.32, delivering no surprise.Over the last four quarters, the ...

millions EPS millions EPS millions EPS millions EPS Consolidated income (loss) available to $ 313 $ 0.49 $ 106 $ 0.17 $ 256 $ 0.40 192 $ 0.3 $ common shareholders and diluted EPS | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------|-------|-------|--------|-------|-------|-------|--------|-------|--------|-------|--------|-------|-------|-------|-------| | ZENS-related mark-t ...

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 March 31, 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 ...

HOUSTON, April 26, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2024 annual meeting. Shareholders approved the following proposals: The election of Wendy Montoya Cloonan, Earl M. Cummings, Barbara J. Duganier, Christopher H. Franklin, Raquelle W. Lewis, Thaddeus J. Malik, Theodore F. Pound, Ricky A. Raven, Phillip R. Smith, Barry T. Smitherman, and Jason P. Wells to serve on the company's Board of Directors for one-year terms; The rati ...

Investors are always looking for stocks that are poised to beat at earnings season and CenterPoint Energy, Inc. (CNP) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because CenterPoint Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is ...