CenterPoint Energy (NYSE: CNP ) is expected to report Q4 earnings around March 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict CenterPoint Energy's revenues will grow 13.0% and EPS will wane -19.2%.
The average estimate for revenue is $2.42 billion. On the bottom line, the average EPS estimate is $0.21.
Last quarter, CenterPoint Energy logged revenue of $1.71 billion. GAAP reported sales were 9.4% lower than the prior-year quarter's $1.88 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.40. GAAP EPS of $0.02 for Q3 were 99% lower than the prior-year quarter's $2.27 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 42.6%, 550 basis points better than the prior-year quarter. Operating margin was 19.9%, 90 basis points better than the prior-year quarter. Net margin was 0.6%, 5,110 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.81 billion. The average EPS estimate is $1.20.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 278 members out of 300 rating the stock outperform, and 22 members rating it underperform. Among 85 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give CenterPoint Energy a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CenterPoint Energy is outperform, with an average price target of $22.00.
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