Previous close | 29.22 |
Open | 28.94 |
Bid | 28.74 x 1400 |
Ask | 30.11 x 2200 |
Day's range | 28.44 - 29.27 |
52-week range | 25.42 - 31.44 |
Volume | |
Avg. volume | 4,173,109 |
Market cap | 18.448B |
Beta (5Y monthly) | 0.93 |
PE ratio (TTM) | 21.27 |
EPS (TTM) | 1.37 |
Earnings date | 30 Apr 2024 |
Forward dividend & yield | 0.80 (2.74%) |
Ex-dividend date | 15 May 2024 |
1y target est | 30.68 |
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%.