CenterPoint Energy, Inc. (CNP) is a public utility holding company based in Houston, Texas. With a market cap of $18.3 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 energy company is expected to announce its fiscal second-quarter earnings for 2024 on Tuesday, July 30, before the market opens.
Ahead of the event, analysts expect CenterPoint Energy to report a profit of $0.35 per share, up 25% from $0.28 per share in the year-ago quarter. The company has beat or matched the bottom-line estimates in three of the last four quarters while failing on one other occasion.
