CenterPoint Energy (CNP) Misses Q3 EPS by 3c, Revenues Beat; Offers FY18 EPS Outlook

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Go back to CenterPoint Energy (CNP) Misses Q3 EPS by 3c, Revenues Beat; Offers FY18 EPS Outlook

CenterPoint Energy reports third quarter 2018 earnings of $0.35 per diluted share; $0.39 earnings per diluted share on a guidance basis, excluding impacts associated with the pending merger with Vectr

November 8, 2018 6:30 AM EST

HOUSTON, Nov. 8, 2018 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today reported net income available to common shareholders of $153 million, or $0.35 per diluted share, for the third quarter of 2018, compared with $169 million, or $0.39 per diluted share for the third quarter of 2017. On a guidance basis, and excluding impacts associated with the pending merger with Vectren, third quarter 2018 earnings were $0.39 per diluted share, consisting of $0.25 from utility operations and $0.14 from midstream investments. Third quarter 2017 earnings on a guidance basis were $0.38 per diluted share, consisting of $0.28 from... More