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 fourth quarter Zacks Consensus Estimate for earnings of 30 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 two of the last four quarters, resulting in a positive average surprise of 6.42%.
Zacks Rank: Currently, CenterPoint Energy has a Zacks Rank #2 (Buy). 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 fourth-quarter EPS of 30 cents, and the company reported adjusted earnings of 33 cents per share.
Revenues: Revenues of $2,638 million also comfortably surpassed the Zacks Consensus Estimate of $2,150.6 million.
Key Developments to Note
CenterPoint Energy issued its 2018 outlook. The company currently expects to generate EPS in the 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 a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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 fourth quarter Zacks Consensus Estimate for earnings of 30 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 two of the last four quarters, resulting in a positive average surprise of 6.42%.
Zacks Rank: Currently, CenterPoint Energy has a Zacks Rank #2 (Buy). 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 fourth-quarter EPS of 30 cents, and the company reported adjusted earnings of 33 cents per share.
Revenues: Revenues of $2,638 million also comfortably surpassed the Zacks Consensus Estimate of $2,150.6 million.
Key Developments to Note
CenterPoint Energy issued its 2018 outlook. The company currently expects to generate EPS in the range of $1.50 - $1.60.
Check back later for our full write up on this CenterPoint earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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