(RTTNews) - (Adds Outlook)
CenterPoint Energy, Inc. (CNP) initiated 2025 non-GAAP guidance range of $1.74-$1.76 per share, which at the midpoint represents 8% growth from the 2024 midpoint and maintains non-GAAP EPS growth target through 2030 of the mid-to-high end of 6%-8% annually. The company reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63 per share, which represents 8% growth over full-year 2023 non-GAAP EPS at the midpoint.
Q3 Results:
Income available to shareholders was $193 million, or $0.30 per share on a GAAP basis for the third quarter of 2024, compared to $0.40 per share in the comparable period of 2023. Non-GAAP EPS was $0.31 compared to $0.40. Analysts on average had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
