CenterPoint Energy Q2 EPS $0.17, Sales $1.88B Beat $1.85B Estimate
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy (NYSE:CNP) reported Q2 sales of $1.88 billion, beating the analyst consensus estimate of $1.85 billion by 1.35 percent. However, this represents a 3.55 percent decrease compared to the same period last year.
July 27, 2023 | 10:23 am
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NEUTRAL IMPACT
CenterPoint Energy's Q2 sales exceeded estimates but are lower than last year's figures.
While CenterPoint Energy beat the Q2 sales estimates, the decrease compared to last year's figures might concern investors. This mixed result could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100