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CenterPoint Energy (CNP) Q1 Earnings & Sales Top Estimates
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CenterPoint Energy, Inc. (CNP - Free Report) is a Houston, TX-based energy delivery company that provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. The company serves over 5 million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 44 cents per share has remained stable over the last 7 days.
Coming to the earnings surprise, CenterPoint Energy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 11.50%.
Zacks Rank: Currently, CenterPoint Energy has a Zacks Rank #3 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below.
Earnings: CenterPoint surpassed earnings estimate. Our consensus called for first-quarter EPS of 44 cents, and the company reported adjusted earnings of 55 cents per share.
Revenues: Revenues of $3,155 million also comfortably surpassed the Zacks Consensus Estimate of $2,751 million.
CenterPoint Energy raised its 2018 outlook. The company currently expects to generate EPS in the higher end of its previously guided range of $1.50 - $1.60.
Check back later for our full write up on this CenterPoint earnings report later!
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It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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CenterPoint Energy (CNP) Q1 Earnings & Sales Top Estimates
CenterPoint Energy, Inc. (CNP - Free Report) is a Houston, TX-based energy delivery company that provides electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. The company serves over 5 million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 44 cents per share has remained stable over the last 7 days.
Coming to the earnings surprise, CenterPoint Energy has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 11.50%.
Zacks Rank: Currently, CenterPoint Energy has a Zacks Rank #3 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below.
Earnings: CenterPoint surpassed earnings estimate. Our consensus called for first-quarter EPS of 44 cents, and the company reported adjusted earnings of 55 cents per share.
Revenues: Revenues of $3,155 million also comfortably surpassed the Zacks Consensus Estimate of $2,751 million.
CenterPoint Energy, Inc. Price and EPS Surprise
CenterPoint Energy, Inc. Price and EPS Surprise | CenterPoint Energy, Inc. Quote
Key Developments to Note
CenterPoint Energy raised its 2018 outlook. The company currently expects to generate EPS in the higher end of its previously guided range of $1.50 - $1.60.
Check back later for our full write up on this CenterPoint earnings report later!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>