Earnings Outlook For CenterPoint Energy
Portfolio Pulse from Benzinga Insights
CenterPoint Energy (NYSE:CNP) is set to release its latest quarterly earnings report on October 26, 2023. Analysts estimate an earnings per share (EPS) of $0.35. The company's past performance shows a pattern of beating EPS estimates but experiencing a slight drop in share price the following day. The stock is currently trading at $27.32, with a 52-week decrease of 2.11%.
October 25, 2023 | 4:01 pm
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CenterPoint Energy is expected to report an EPS of $0.35 in its upcoming earnings. Despite typically beating EPS estimates, the company's share price has historically dropped slightly the day after earnings are announced.
CenterPoint Energy has a history of beating EPS estimates but experiencing a slight drop in share price the following day. Given this pattern and the current analyst estimate of $0.35 EPS, it's likely that the company will again beat estimates but see a slight decrease in share price.
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