Investing.com - CenterPoint Energy (NYSE:CNP) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CenterPoint Energy announced earnings per share of $0.33 on revenue of $1.75B. Analysts polled by Investing.com anticipated EPS of $0.2783 on revenue of $1.66B.
CenterPoint Energy shares are up 21% from the beginning of the year and are trading at $26.29 , down-from-52-week-high.They are under-performing the S&P 500 which is up 24.08% 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 Wednesday, October 20, 2021, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
Southern had beat expectations on Thursday with third quarter EPS of $1.23 on revenue of $6.24B, compared to forecast for EPS of $1.22 on revenue of $6.13B.
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