Previous close | 0.6500 |
Open | 0.4500 |
Bid | 0.4000 |
Ask | 0.5000 |
Strike | 31.00 |
Expiry date | 2024-08-16 |
Day's range | 0.4500 - 0.4500 |
Contract range | N/A |
Volume | |
Open interest | 1k |
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%.