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 36 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 5.97%.
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’s earnings came in line with our estimate. Our consensus called for fourth-quarter EPS of 36 cents, and the company also reported adjusted earnings of 36 cents per share.
Revenues: Revenues of $3.04 billion surpassed the Zacks Consensus Estimate of $2.66 billion.
2019 Guidance
The company currently expects to generate EPS in the range of $1.60 - $1.70 in 2019.
Check back later for our full write up on this CenterPoint earnings report later!
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.
See Latest Stocks Today >>
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 >>
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 36 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 5.97%.
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’s earnings came in line with our estimate. Our consensus called for fourth-quarter EPS of 36 cents, and the company also reported adjusted earnings of 36 cents per share.
Revenues: Revenues of $3.04 billion surpassed the Zacks Consensus Estimate of $2.66 billion.
2019 Guidance
The company currently expects to generate EPS in the range of $1.60 - $1.70 in 2019.
Check back later for our full write up on this CenterPoint earnings report later!
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.
See Latest Stocks Today >>
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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