CenterPoint Energy Reiterates 2024 Adjusted EPS Guidance Of $1.61-$1.63 Vs. Consensus of $1.62
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy reaffirmed its 2024 adjusted EPS guidance of $1.61-$1.63, aligning with the consensus of $1.62. This guidance indicates an 8% growth over the 2023 non-GAAP EPS and upholds a mid-to-high end annual non-GAAP EPS growth target of 6%-8% through 2030.
April 30, 2024 | 10:39 am
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CenterPoint Energy maintains its 2024 adjusted EPS forecast at $1.61-$1.63, in line with consensus, indicating steady growth.
Reiterating guidance often reassures investors about the stability and predictability of future earnings. Given that the guidance aligns with consensus estimates and projects an 8% growth over the previous year, it suggests a positive outlook for CenterPoint Energy's financial health and growth trajectory. This is likely to foster investor confidence and could lead to a positive short-term impact on the stock price.
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