CenterPoint Energy (CNP) Misses Q2 EPS by 2c, Revenues Beat; Offers FY18 EPS Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. CSX
7. SAP
8. LRCX
9. MRK
10. LVS

Go back to CenterPoint Energy (CNP) Misses Q2 EPS by 2c, Revenues Beat; Offers FY18 EPS Guidance

CenterPoint Energy reports second quarter 2018 net loss of $0.17 per diluted share; $0.30 earnings per diluted share on a guidance basis, excluding costs associated with the pending merger with Vectre

August 3, 2018 6:30 AM EDT

HOUSTON, Aug. 3, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today reported a net loss of $75 million, or $0.17 per diluted share, for the second quarter of 2018, compared with net income of $135 million, or $0.31 per diluted share, for the second quarter of 2017. On a guidance basis and excluding $34 million of pre-tax costs associated with the pending merger with Vectren, second quarter 2018 earnings were $0.30 per diluted share, consisting of $0.20 from utility operations and $0.10 from midstream investments. Second quarter 2017 earnings on a guidance basis were $0.29 per diluted... More