CenterPoint Energy Inc Q3 Profit Decreases, Misses Estimates

(RTTNews) - CenterPoint Energy Inc (CNP) reported earnings for third quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $193 million, or $0.30 per share. This compares with $256 million, or $0.40 per share, in last year's third quarter.

Excluding items, CenterPoint Energy Inc reported adjusted earnings of $198 million or $0.31 per share for the period.

Analysts on average had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

CenterPoint Energy Inc earnings at a glance (GAAP) :

-Earnings (Q3): $193 Mln. vs. $256 Mln. last year. -EPS (Q3): $0.30 vs. $0.40 last year.

-Guidance: Full year EPS guidance: $1.61 - $1.63