Investing.com - CenterPoint Energy (NYSE:CNP) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
CenterPoint Energy announced earnings per share of $0.27 on revenue of $2.06B. Analysts polled by Investing.com anticipated EPS of $0.2869 on revenue of $2.06B.
CenterPoint Energy shares are down 4% from the beginning of the year and are trading at $26.61 , down-from-52-week-high.They are outperforming the S&P 500 which is down 8.76% from the start of the year.
CenterPoint Energy follows other major Utilities sector earnings this month
CenterPoint Energy's report follows an earnings beat by NextEra Energy on Tuesday, January 25, 2022, who reported EPS of $0.41 on revenue of $5.05B, compared to forecasts EPS of $0.3897 on revenue of $6.25B.
Duke Energy had missed expectations on Thursday, February 10, 2022 with fourth quarter EPS of $0.94 on revenue of $6.24B, compared to forecast for EPS of $0.9615 on revenue of $6.53B.
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