CenterPoint (CNP) delivered earnings and revenue surprises of 11.11% and -7.09%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

CenterPoint (CNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Moody's Investors Service, ("Moody's") assigned a B3 rating to PowerTeam Services, LLC's ("PowerTeam") proposed $575 million senior secured notes. At the same time, Moody's affirmed PowerTeam's B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating, B3 senior secured first-lien revolver and term loan ratings and the Caa2 rating on its senior secured second-lien term.

CenterPoint (CNP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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It was far from a boring earnings day for this utility, which posted ugly results but is seemingly setting itself up for better days ahead.

CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2020 annual meeting held today. Shareholders approved the following proposals:

Morgan Stanley (NYSE:MS) analyst Stephen Byrd maintained a Hold rating on Centerpoint Energy (NYSE:CNP) Inc on Friday, setting a price target of $19, which is approximately 12.43% above the present share price of $16.9.

CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock and Series B Mandatory Convertible Preferred Stock.

CenterPoint Energy's (CNP) service territories experienced above-normal winter temperatures throughout the first quarter of 2020, which is likely to have marred its quarterly revenues.

CNP earnings call for the period ending March 31, 2020.

CenterPoint Energy, Inc. (NYSE: CNP) today announced a comprehensive approach to further strengthen and fortify its financial position, enhance shareholder value and advance the interests of all stakeholders. Today's announcement has three key elements: a $1.4 billion equity investment; the appointment of two new highly credentialed and qualified directors to the Board; and the creation of a new Business Review and Evaluation Committee of the Board.

The investment in the Houston-based utility operator is made up of $725 million of mandatory convertible preferred shares, financed by Elliott and Bluescape Energy Partners, with an additional $675 million in common shares bought by Fidelity and other long-term investors. The financing will allow CenterPoint Energy to pay back debt and strengthen its credit profile as well as eliminate the need to raise new equity by 2022, the company and the firms said in a statement. CenterPoint's stock jumped more than 12% on the news by midday, giving it a market value of $9 billion.

CenterPoint Energy's (CNP) Q1 bottom line (on a GAAP basis) declines year over year due to after-tax non-cash impairment charges and losses on assets held for sale.

CenterPoint Energy, Inc. (NYSE: CNP) today reported a loss available to common shareholders of $1,228 million, or loss of $2.44 per diluted share, for the first quarter of 2020, compared to income available to common shareholders of $140 million, or $0.28 per diluted share, for the first quarter of 2019. The company recognized $1,568 million of after-tax non-cash impairment charges and losses on assets held for sale in the first quarter of 2020, which are discussed in detail below.

Q1 2020 CenterPoint Energy Inc Earnings Call

CenterPoint Energy (NYSE:CNP) shareholders are no doubt pleased to see that the share price has bounced 36% in the...

CenterPoint Energy, Inc. (NYSE: CNP) today announced the close of its previously announced sale of Miller Pipeline and Minnesota Limited to PowerTeam Services, LLC for $850 million in cash, subject to customary purchase price adjustments. The net proceeds of the sale will be used to repay a portion of outstanding CenterPoint Energy debt.

Investors who take an interest in CenterPoint Energy, Inc. (NYSE:CNP) should definitely note that the Director, David...