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CenterPoint (CNP) Down 7.8% Since Last Earnings Report: Can It Rebound?

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It has been about a month since the last earnings report for CenterPoint Energy (CNP - Free Report) . Shares have lost about 7.8% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is CenterPoint due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for CenterPoint Energy, Inc. before we dive into how investors and analysts have reacted as of late.

CenterPoint Energy Q2 Earnings Beat Estimates, Revenues Improve Y/Y

CenterPoint Energy, Inc. reported second-quarter 2026 adjusted earnings of 40 cents per share, which surpassed the Zacks Consensus Estimate of 37 cents by 8.1%. The bottom line also increased 37.9% from the year-ago quarter’s figure of 29 cents.

The company’s GAAP earnings were 37 cents per share, which increased 23.3% from the prior-year quarter’s figure of 30 cents.

CNP’s Revenues

CNP generated revenues of $2.15 billion, which beat the Zacks Consensus Estimate by 1.8%. The top line also came in 10.7% higher than the year-ago quarter’s reported figure of $1.94 billion.

CNP’s Operational Results

In the second quarter of 2026, total expenses increased 6% year over year to $1.62 billion.

The company reported an operating income of $534 million during the second quarter compared with $417 million in the prior year.

Interest expenses and other finance charges totaled $240 million, up 25.7% from $191 million recorded in the previous year.

CNP’s Financial Condition

As of June 30, 2026, CenterPoint Energy had cash and cash equivalents of $49 million compared with $38 million as of Dec. 31, 2025.

The total long-term debt was $21.16 billion as of June 30, 2026, compared with $19.90 billion as of Dec. 31, 2025.

Net cash flow from operating activities amounted to $1.06 billion as of June 30, 2026, compared with $0.97 billion in the year-ago period.

The total capital expenditure was $2.57 billion as of June 30, 2026, compared with $2.17 billion in the prior year.

CNP’s 2026 Guidance

CenterPoint Energy expects to generate adjusted earnings per share in the range of $1.89-$1.91. The Zacks Consensus Estimate for 2026 earnings is pegged at $1.91 per share, which is in line with the upper limit of the company’s guided range.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a downward trend in fresh estimates.

VGM Scores

At this time, CenterPoint has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, CenterPoint has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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