CenterPoint (CNP) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - CenterPoint Energy (CNP) reported revenue of $2.26 billion for the quarter ended December 2024, reflecting a year-over-year increase of 3.7% [1] - Earnings per share (EPS) for the quarter was $0.40, up from $0.32 in the same quarter last year, with no EPS surprise as the consensus estimate was also $0.40 [1] Revenue Breakdown - Electric Transmission and Distribution revenues were $1.09 billion, matching the average estimate and showing a year-over-year increase of 4.9% [4] - Natural Gas Distribution revenues were $1.17 billion, slightly below the estimated $1.22 billion, representing a 2.6% increase year-over-year [4] - Total Utility revenues amounted to $2.25 billion, close to the $2.26 billion estimate, with a year-over-year increase of 3.6% [4] Operating Income - Operating income for Natural Gas Distribution was $275 million, below the average estimate of $296.08 million [4] - Operating income for Electric Transmission and Distribution was $215 million, significantly lower than the average estimate of $282.51 million [4] Stock Performance - CenterPoint's shares have returned +5.1% over the past month, outperforming the Zacks S&P 500 composite's +2.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]