- CenterPoint Energy’s first-quarter adjusted EPS was 53 cents, missing the estimate of 54 cents and down from 55 cents year-over-year.
- Total revenue for the quarter was $2.92 billion, marking an 11% increase compared to the same quarter the previous year. This exceeded the revenue estimate of $2.64 billion.
- Natural Gas revenue fell significantly by 33% year-over-year to $1.05 billion, missing the estimate of $1.75 billion.
- Electric revenue slightly increased by 1.6% year-over-year to $1.07 billion, closely aligning with the estimate of $1.08 billion.
- The company maintained its full-year adjusted EPS guidance range of $1.74 to $1.76, with the midpoint representing an 8% growth over the full-year 2024 EPS.
- CenterPoint Energy aims for non-GAAP EPS growth at the mid-to-high end of 6%-8% annually through to 2030.
- Analyst recommendations include 7 buys, 11 holds, and 1 sell for CenterPoint Energy.
Centerpoint Energy on Smartkarma
CenterPoint Energy has garnered positive analyst coverage on Smartkarma, an independent investment research network. Baptista Research, a prominent analyst on the platform, has published insightful reports on the energy company. In a report titled “CenterPoint Energy: These Are The 6 Critical Factors That Will Define Its Success In 2025 & Beyond!“, Baptista Research highlighted CenterPoint Energy’s fourth quarter and full year 2024 earnings. The company showed positive and challenging aspects, achieving a non-GAAP earnings per share of $0.40 for the fourth quarter and $1.62 for the full year, indicating an 8% increase from the previous year.
In another report by Baptista Research, titled “CenterPoint Energy: Accelerates Customer Growth with Strategic Rate Adjustments & Revenue Boosts! – Major Drivers,” CenterPoint Energy’s performance in the third quarter of 2024 was discussed. Amid challenges like an active hurricane season, the company showcased resilience and industry solidarity by extending support to those affected by natural disasters. These reports by Baptista Research shed light on CenterPoint Energy’s financial performance and strategic initiatives, providing valuable insights to investors.
A look at Centerpoint Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, CenterPoint Energy seems to have a positive long-term outlook. The company scores well in terms of momentum, indicating strong potential for future growth and performance. In addition, its overall scores for value, dividend, growth, and resilience are moderate, suggesting a stable foundation for continued development. With a focus on electricity transmission, natural gas distribution, and power generation, CenterPoint Energy appears to be positioned to maintain its market presence and potentially expand its operations in the future.
CenterPoint Energy, Inc., a public utility holding company, engages in various energy-related activities, including electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations, as well as power generation. The company’s Smartkarma Smart Scores reflect a solid outlook across key factors, with a particularly high score in momentum, indicating strong potential for growth. This suggests that despite facing challenges common in the utility sector, CenterPoint Energy has the potential to deliver consistent returns to investors in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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