CenterPoint Energy Inc (CNP) revealed earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $293 million, or $0.45 per share. This compares with $193 million, or $0.30 per share, last year.
Excluding items, CenterPoint Energy Inc reported adjusted earnings of $328 million or $0.50 per share for the period.
Analysts on average had expected the company to earn $0.44 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.1% to $1.988 billion from $1.856 billion last year.
CenterPoint Energy Inc earnings at a glance (GAAP) :
-Earnings: $293 Mln. vs. $193 Mln. last year.-EPS: $0.45 vs. $0.30 last year.-Revenue: $1.988 Bln vs. $1.856 Bln last year.
-Guidance:Full year EPS guidance: $1.75 - $1.77
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.