Investing.com - CenterPoint Energy (NYSE:CNP) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CenterPoint Energy announced earnings per share of $0.29 on revenue of $2.05B. Analysts polled by Investing.com anticipated EPS of $0.1942 on revenue of $2.01B.
CenterPoint Energy shares are down 3% from the beginning of the year, still down 18.23% from its 52 week high of $25.45 set on February 25, 2020. They are under-performing the S&P 500 which is up 4.51% from the start of the year.
CenterPoint Energy follows other major Utilities sector earnings this month
CenterPoint Energy's report follows an earnings missed by Enbridge on February 12, who reported EPS of $0.4407 on revenue of $7.41B, compared to forecasts EPS of $0.4644 on revenue of $9.63B.
Duke Energy had matched expectations on February 11 with fourth quarter EPS of $1.03 on revenue of $5.78B, compared to forecast for EPS of $1.03 on revenue of $6.72B.
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