30.04.2024 12:30:26 - dpa-AFX: CenterPoint Energy Inc Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - CenterPoint Energy Inc (CNP) announced earnings for
its first quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line came in at $350 million, or $0.55 per share. This
compares with $313 million, or $0.49 per share, in last year's first quarter.
Excluding items, CenterPoint Energy Inc reported adjusted earnings of $350
million or $0.55 per share for the period.
Analysts on average had expected the company to earn $0.53 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
CenterPoint Energy Inc earnings at a glance (GAAP) :
-Earnings (Q1): $350 Mln. vs. $313 Mln. last year.
-EPS (Q1): $0.55 vs. $0.49 last year.
-Guidance:
Full year EPS guidance: $1.61 - $1.63
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