CenterPoint Energy Q2 2024 Adj. EPS $0.36 Beats $0.32 Estimate, Sales $1.905B Beat $1.887B Estimate
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy (NYSE:CNP) reported Q2 2024 adjusted EPS of $0.36, beating the analyst estimate of $0.32 by 12.5%. The company also reported sales of $1.905 billion, surpassing the $1.887 billion estimate and marking a 1.60% increase from the same period last year.
July 30, 2024 | 10:26 am
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POSITIVE IMPACT
CenterPoint Energy reported better-than-expected Q2 2024 earnings and sales, with EPS of $0.36 beating the $0.32 estimate and sales of $1.905 billion surpassing the $1.887 billion estimate. This positive performance is likely to boost investor confidence and support the stock price in the short term.
The company's better-than-expected earnings and sales figures are likely to positively impact the stock price as they indicate strong financial performance and may boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100