CenterPoint Energy Inc reports results for the quarter ended December 31 - Earnings Summary

• CenterPoint Energy Inc CNP.N reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 37 cents to 43 cents per share.

• Revenue rose 3.7% to $2.26 billion from a year ago; analysts expected $2.48 billion.

• CenterPoint Energy Inc's reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of $248 million.

• CenterPoint Energy Inc shares had risen by 6.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the multiline utilities peer group is also "hold"

Wall Street's median 12-month price target for CenterPoint Energy Inc is $32.73

This summary was machine generated from LSEG data February 20 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)