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Shares of CenterPoint Energy (NYSE: CNP) remained unaffected after the company reported Q3 results.
Quarterly Results
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Earnings per share were down 35.85% year over year to $0.34, which beat the estimate of $0.30.
Revenue of $1,622,000,000 declined by 40.85% year over year, which missed the estimate of $1,720,000,000.
Outlook
CenterPoint Energy hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Date: Nov 05, 2020
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/3aebgeb9
Recent Stock Performance
Company's 52-week high was at $29.28
52-week low: $11.58
Price action over last quarter: Up 5.63%
Company Description
CenterPoint Energy owns a portfolio of energy-related businesses. Its regulated electric utility provides transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in eight states serving approximately 4.5 million customers. CenterPoint owns approximately 54% of Enable Midstream Partners, a partnership consisting of natural gas processing and storage facilities and more than 21,000 miles of interstate, intrastate, and gathering pipelines in the midcontinent region.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.