CenterPoint Energy (CNP) Misses Q4 EPS by 5c, Offers FY Guidance

Go back to CenterPoint Energy (CNP) Misses Q4 EPS by 5c, Offers FY Guidance

CenterPoint Energy reports full year 2016 earnings of $1.00 per diluted share; $1.16 per diluted share on a guidance basis

February 28, 2017 6:30 AM EST

HOUSTON, Feb. 28, 2017 /PRNewswire/ --

Company reiterates 2017 EPS guidance of $1.25 - $1.33. Earnings growth driven by Utility rate relief and continued customer growth, Increased contribution from CenterPoint Energy Services, partially attributable to recent acquisitions, and Increased earnings per Enable Midstream Partners' forecast, as provided on Enable's fourth quarter 2016 earnings call, Company targets upper end of 4-6% earnings growth range for 2018

... More