CenterPoint Energy (CNP) Misses Q4 EPS by 3c; Reaffirms
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CenterPoint Energy Reports Strong Q4 and Full Year 2021 Earnings Results
February 22, 2022 6:30 AM ESTReported Q4 2021 earnings of $1.01 per diluted share and full year 2021 earnings of $2.28 per diluted share Non-GAAP utility earnings per diluted share (Utility EPS) was $0.27 for Q4 2021 and $1.27 for full year 2021 Non-GAAP EPS range for 2022 reaffirmed at $1.36 - $1.38. Reiterating industry-leading 8% non-GAAP EPS annual growth rate target for 2022 through 2024 and mid-to-high end of the 6-8% range thereafter through 2030 Made significant progress toward full midstream exit; executed on sale of 75% of ET common units and 50% of ET Series G preferred units shortly after Energy Transfer and Enable merger close; Plan to exit the... More
