WASHINGTON (dpa-AFX) - (Adds Outlook)

CenterPoint Energy Inc (CNP) released a profit for its third quarter that
increased from last year and beat the Street estimates.

The company's earnings came in at $256 million, or $0.40 per share. This
compares with $189 million, or $0.30 per share, in last year's third quarter.

Excluding items, CenterPoint Energy Inc reported adjusted earnings of $256
million or $0.40 per share for the period.

Analysts on average had expected the company to earn $0.35 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

Outlook:

CenterPoint has increased its non-GAAP EPS guidance for the full year from
$1.48-$1.50 to $1.49-$1.51.

Fifteen analysts polled by Thomson Reuters expects the company to report
earnings of $1.49 per share.

It also initiated earnings guidance for 2024 in the range of $1.61-$1.63,
excluding items.

Sixteen analysts polled by Thomson Reuters expect the company to report earnings
of $1.62 for the year.


CenterPoint Energy Inc Q3 earnings at a glance (GAAP) :

-Earnings (Q3): $256 Mln. vs. $189 Mln. last year.
-EPS (Q3): $0.40 vs. $0.30 last year.
-Analyst Estimate: $0.35

-Guidance:
Full year EPS guidance: $1.49-$1.51



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