CenterPoint: Q3 Earnings Snapshot

Associated Press Finance
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HOUSTON (AP) — HOUSTON (AP) — CenterPoint Energy Inc. (CNP) on Thursday reported third-quarter earnings of $282 million.

The Houston-based company said it had profit of 40 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The energy delivery company posted revenue of $1.86 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.91 billion.

CenterPoint expects full-year earnings in the range of $1.49 to $1.51 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNP at https://www.zacks.com/ap/CNP

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