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Neha Panjwani

What You Need to Know Ahead of CenterPoint Energy's Earnings Release

CenterPoint Energy, Inc. (CNP), headquartered in Houston, Texas, engages in the business of power generation and distribution. Valued at $21.1 billion by market cap, the company conducts activities in electricity transmission and distribution, natural gas distribution, interstate pipeline and gathering operations, and power generation. The leading energy delivery company is expected to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Thursday, Feb. 20.

Ahead of the event, analysts expect CNP to report a profit of $0.40 per share on a diluted basis, up 25% from $0.32 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.

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