CenterPoint Energy Q4 2020 Earnings Report
Key Takeaways
CenterPoint Energy reported Q4 2020 earnings of $0.27 per diluted share, with $0.29 per diluted share on a guidance basis, beating consensus and guidance. The company is raising its 2021 Utility EPS guidance range to $1.24 - $1.26 and reiterating its 6% - 8% Utility EPS guidance basis growth rate target and 10% rate base compound annual growth rate.
Q4 2020 earnings were $0.27 per diluted share, compared to $0.25 per diluted share for Q4 2019.
Q4 2020 earnings on a guidance basis were $0.29 per diluted share, compared to $0.35 per diluted share for Q4 2019.
The company secured $1.7 billion in financing commitments to help bridge short-term liquidity needs resulting from the February winter storm.
2021 Utility EPS guidance range was raised to $1.24 - $1.26.
CenterPoint Energy
CenterPoint Energy
Forward Guidance
CenterPoint Energy is raising its 2021 Utility EPS guidance range to $1.24 - $1.26 and reiterating its 6% - 8% Utility EPS guidance basis growth rate target and 10% rate base compound annual growth rate.