Previous close | 29.17 |
Open | 28.89 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 28.55 - 28.89 |
52-week range | 25.67 - 31.36 |
Volume | |
Avg. volume | 3,726 |
Market cap | 143.798M |
Beta (5Y monthly) | 0.93 |
PE ratio (TTM) | 0.11 |
EPS (TTM) | 2.54 |
Earnings date | 30 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
CenterPoint Energy's (CNP) first-quarter earnings top estimates and rise year over year by 10%. The company's 2024 EPS outlook remains unchanged.
Although the revenue and EPS for CenterPoint (CNP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CenterPoint Energy beat Wall Street estimates for first-quarter profit on Tuesday, helped by base rate hikes for its Minnesota gas business and favorable weather which helped the performance of its electricity transmission unit. CenterPoint's service territories experienced a cold snap at the start of the year, which helped boost customer demand for electricity. In its electric unit, the company saw higher usage with metered customers rising 2% from last year, while total throughput supplied increased 6%.