CenterPoint Energy Reiterated 2024 Adj EPS Guidance Of $1.61-$1.63, Est $1.62
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy reaffirmed its 2024 adjusted EPS guidance of $1.61-$1.63, indicating an 8% growth over its full-year 2023 non-GAAP EPS. The company also maintains its non-GAAP EPS growth target of 8% for 2024 and 6%-8% annually through 2030.
February 20, 2024 | 11:39 am
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CenterPoint Energy has reiterated its 2024 adjusted EPS guidance of $1.61-$1.63, aligning with an 8% growth over 2023 and maintaining a growth target of 6%-8% annually through 2030.
Reiterating the EPS guidance suggests confidence in the company's financial outlook and operational stability, which is likely to be viewed positively by investors. The reaffirmation of growth targets through 2030 further strengthens the long-term investment case for CNP, potentially leading to a positive short-term impact on its stock price.
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