Investors interested in stocks from the Utility - Electric Power sector have probably already heard of CenterPoint Energy (CNP) and PSEG (PEG) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies wi ...

The Zacks Utility – Electric Power industry players generate and supply electricity to millions of customers across the United States. The utilities have been transitioning toward clean sources of fuel and focusing on carbon emissions reduction. The support from the government is aiding the industry’s transition toward clean energy sources to produce electricity. Utilities are also focused on strengthening the grid as well as transmission and distribution infrastructure. The huge infrastructure of the utili ...

CenterPoint Energy, Inc. (CNP) , with its rising earnings estimates and strong ROE, makes a good pick in the utility space. It is registering growth in customer volumes and investing substantially to expand operations to meet increasing demand. Let's focus on the factors that make this Zacks Rank #2 (Buy) stock a strong investment pick at the moment. Growth Projections The Zacks Consensus Estimate for 2024 and 2025 earnings per share is pegged at $1.62 and $1.75, indicating growth of 8% and 7.6%, respective ...

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of CenterPoint Energy (CNP) and Southern Co. (SO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank empha ...

It has been about a month since the last earnings report for CenterPoint Energy (CNP) . Shares have added about 0.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is CenterPoint due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. CenterPoint Energy's Q1 Earnings Top ...

Establishing a path towards PREMIUM T h r o u g h S u s t a i n a b l e G r o w t h … FIRST QUARTER 2024 INVESTOR UPDATE April 30, 2024 Cautionary Statement and Other Disclaimers This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral stateme ...

CenterPoint Energy, Inc. (NYSE:CNP) Q1 2024 Earnings Conference Call April 29, 2024 8:00 AM ET Company Participants Jackie Richert - Senior Vice President, Corporate Planning, Investor Relations and Trustees Jason Wells - Chief Executive Officer Chris Foster - Chief Financial Officer Conference Call Participants Constantine Lednev - Guggenheim Partners James Thalacker - BMO Capital Markets Steve Fleishman - Wolfe Research Nick Campanella - Barclays Jeremy Tonet - JPMorgan Securities Durgesh Chopra - Evercor ...

CenterPoint Energy, Inc. (CNP) reported first-quarter 2024 adjusted earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 51 cents by 7.8%. The bottom line improved 10% from the year-ago quarter’s figure of 50 cents per share.The year-over-year improvement can be attributed to regulatory recovery and favorable weather impacts.The company registered GAAP earnings of 55 cents per share, which increased 12.2% from the prior-year quarter’s figure of 49 cents per share.Q1 RevenuesCNP ge ...

CenterPoint Energy (CNP) reported $2.62 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 5.7%. EPS of $0.55 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of -6.98% over the Zacks Consensus Estimate of $2.82 billion. With the consensus EPS estimate being $0.51, the EPS surprise was +7.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

CenterPoint Energy (CNP) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.84%. A quarter ago, it was expected that this energy delivery company would post earnings of $0.32 per share when it actually produced earnings of $0.32, delivering no surprise.Over the last four quarters, the ...