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via finance.yahoo.comBusiness & Companies

CenterPoint: third-quarter profit tops analyst expectations

FROM THE WIRE · FINANCE.YAHOO.COM

HOUSTON (AP) — HOUSTON (AP) — CenterPoint Energy Inc. (CNP) on Tuesday reported third-quarter profit of $331 million. On a per-share basis, the Houston-based company said it had profit of 50 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results beat estimates and an annual guidance range was given, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter profit was $331 million, or 50 cents per share.
  2. 02Adjusted earnings were 53 cents per share, above the 50-cent estimate.
  3. 03Revenue of $2.19 billion topped the $2.15 billion forecast.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
CenterPoint Energy, Inc.CNPStock41.20 USDMarket closedtoday +0.32%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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