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Barchart
Kritika Sarmah

What to Expect From CenterPoint Energy's Next Quarterly Earnings Report

CenterPoint Energy CNP

Houston, Texas-based CenterPoint Energy, Inc. (CNP) is a public utility holding company valued at a market cap of $18.9 billion. It manages and maintains essential electric infrastructure for customers in the greater Houston area and southwestern Indiana and operates electric generation capacity in Indiana. The leading utility company is expected to announce its fiscal third-quarter earnings for 2024 on Monday, Oct. 28, before the market opens. 

Ahead of the event, analysts expect CenterPoint Energy to report a profit of $0.45 per share, up 12.5% from $0.40 per share in the year-ago quarter. The company has beaten or matched the bottom-line estimates in each of the last four quarters.

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