CenterPoint Energy's (CNP) Q1 Earnings Top, Revenues Down Y/Y
CNPCenterPoint Energy(CNP) Zacks Investment Research·2024-04-30 23:56

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 ...