On Monday 28th October 2024, investors and market participants can expect the release of CenterPoint Energy (NYSE: CNP) third quarter financial results. This crucial announcement will be made before market open.
Financial analysts on Wall Street are anticipating that the concern will announce an estimated $0.32 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $1.93 billion for this period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.4. This was credited to the company's total revenue, which reached an impressive $1860 million in that particular timeframe.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $9.07 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $1.62 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.36 | +28.6% | 1.91 B | +1.6% |
| Q1 2024 | $0.55 | +10.0% | 2.62 B | -5.7% |
| Q4 2023 | $0.32 | +14.3% | 2.18 B | -19.5% |
| Q3 2023 | $0.40 | +25.0% | 1.86 B | -2.3% |
| Q2 2023 | $0.28 | -9.7% | 1.88 B | -3.5% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 28th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.
Thursday's trading saw CenterPoint Energy (CNP) shares hit a low of $29.39 and a high of $29.85, with a day volume of 4.40 million shares. The stock closed the regular trading session at $29.48, demonstrating 0.91 percent fall.
