• CenterPoint Energy Inc CNP.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 55 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 50 cents to 58 cents per share.

• Revenue rose 11.5% to $2.92 billion from a year ago; analysts expected $2.62 billion.

• CenterPoint Energy Inc's reported EPS for the quarter was 45 cents​.

• The company reported quarterly net income of $297 million.

• CenterPoint Energy Inc shares had risen by 3.1% this quarter and gained 17.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is also "hold"

• Wall Street's median 12-month price target for CenterPoint Energy Inc is $37.00

This summary was machine generated from LSEG data April 24 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)