CenterPoint Energy

Utilities | Gas Utilities | USA
CenterPoint Energy (CNP) Q4 Earnings In Line, Revenues Beat
CenterPoint Energy, Inc. (CNP - Free Report) reported fourth-quarter 2018 adjusted earnings of 36 cents per share, which came in line with the Zacks Consensus Estimate. The bottom line improved by 9.1% from the year-ago quarter’s tally of 33 cents.

The company’s GAAP earnings came in at 18 cents per share compared with $2.99 registered in the prior-year quarter.

For 2018, CenterPoint Energy posted adjusted earnings of $1.60 per share, which surpassed with the Zacks Consensus Estimate of $1.59 by a penny. Full-year earnings also improved by 16.8% from the year-ago tally of $1.37.

Revenues

CenterPoint Energy’s total revenues in the quarter were $3.04 billion, which outpaced the Zacks Consensus Estimate of $2.66 billion by 14.3%. The reported figure was also 15.1% higher than $2.64 billion a year ago.

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https://www.zacks.com/stock/news/357317/...enues-beat

CenterPoint Energy (CNP) Q1 Earnings Miss, Revenues Up Y/Y

CenterPoint Energy, Inc. CNP reported first-quarter 2019 adjusted earnings of 46 cents per share, lagging the Zacks Consensus Estimate of 50 cents by 8%. The bottom line also declined 16.4% from the year-ago quarter’s 55 cents.

The company’s GAAP earnings came in at 28 cents per share compared with 38 cents registered in the prior-year quarter.

Revenues

CenterPoint Energy’s total revenues in the quarter were $3.53 billion, which lagged the Zacks Consensus Estimate of $3.85 billion by 8.3%. However, the reported figure was 11.9% higher than $3.15 billion a year ago.

Increased contribution from both utility and non-utility segments led to the year-over-year top-line growth.

Operational Results

Total expenses during the first quarter increased 13.2% to $3,286 million.

The company’s operating income declined 2.4% to $245 million from $251 million in the year-ago quarter.

Interest and other finance charges increased to $121 million from $78 million a year ago.

CenterPoint Energy (CNP) Q2 Earnings Beat, Revenues Up Y/Y

CenterPoint Energy, Inc. CNP reported second-quarter 2019 adjusted earnings of 35 cents per share, which surpassed the Zacks Consensus Estimate of 31 cents. The bottom line also improved by 16.7% from the year-ago quarter’s tally of 30 cents.

The company’s GAAP earnings came in at 33 cents per share against a loss of 17 cents incurred in the prior-year quarter.

Revenues

CenterPoint Energy’s total revenues in the quarter were $2.80 billion, which missed the Zacks Consensus Estimate of $2.83 billion by 1.2%. However, the top line was 28% higher than $2.19 billion a year ago.


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https://finance.yahoo.com/news/centerpoi...03023.html