CenterPoint Energy: Poised For Steady Long-Term Growth

In the company's first quarter reported on April 30th, CenterPoint earned $0.55 in adjusted EPS, beating consensus by$0.02. This came despite a 5% decline in revenue to $2.62 billion. Earnings rose 10$0.08 of higher rates and a $0.02 weather benefit offsetting a$0.04 interest expense headwind. While weather was better than last year, it has still been a milder than average winter. Given climate change, that may be a persistent trend. In the first quarter, revenue fell by $159 millio ...