Earnings Outlook For CenterPoint Energy
Portfolio Pulse from Benzinga Insights
CenterPoint Energy (NYSE:CNP) is set to announce its quarterly earnings on October 28, 2024, with analysts estimating an EPS of $0.44. Despite a previous EPS beat, the stock price dropped by 2.67% last quarter. The stock is currently trading at $29.48, with a 52-week increase of 10.17%. Analysts have given a Neutral rating with a slight potential upside. CenterPoint Energy shows strong financial metrics like net margin and ROE compared to peers.
October 25, 2024 | 3:01 pm
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NEUTRAL IMPACT
CenterPoint Energy is expected to announce its quarterly earnings with an estimated EPS of $0.44. Despite a previous EPS beat, the stock price fell, indicating potential volatility. Analysts rate the stock as Neutral with a slight upside potential.
The upcoming earnings announcement is crucial for CenterPoint Energy, as past performance shows stock price volatility even with EPS beats. The Neutral analyst rating and slight upside potential suggest a balanced outlook, with investors likely focusing on future guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100