CenterPoint Energy Q3 2024 Adj. EPS $0.31 Misses $0.32 Estimate, Sales $1.856B Miss $1.933B Estimate
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy reported Q3 2024 earnings of $0.31 per share, missing the $0.32 estimate, and sales of $1.856 billion, below the $1.933 billion estimate. Both figures represent declines from the previous year.
October 28, 2024 | 10:28 am
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NEGATIVE IMPACT
CenterPoint Energy's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $0.31 and sales at $1.856 billion. This represents a decline from the previous year, indicating potential challenges for the company.
The earnings per share and sales figures both missed analyst expectations, which is typically viewed negatively by investors. The decline in both metrics compared to the previous year further suggests potential operational or market challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100