CenterPoint Energy (CNP) Tops Q4 EPS by 9c

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CenterPoint Energy Reports Fourth Quarter and Full-year 2020 Results

February 25, 2021 6:30 AM EST

CenterPoint Energy reported fourth quarter 2020 earnings of $0.27 per diluted share, $0.29  earnings per diluted share on a guidance basis Full-year 2020 results show a loss of $1.79 per diluted share, and $1.40 earnings per diluted share on a guidance basis, with $1.17 from Utility Operations and $0.23 from Midstream Investments  Fourth quarter and full-year 2020 guidance basis results beat consensus and guidance  Raising 2021 Utility EPS guidance range to $1.24 - $1.26, and reiterating 6% - 8% Utility EPS guidance basis growth rate target and 10% rate base compound annual growth rate  CenterPoint Energy remains focused on... More