CenterPoint Energy Inc

CNP: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$58.00	Hlmrqhc	Wymksybnt

CenterPoint Energy Sees Significant Capital Investment Driving Earnings Growth

Andrew Bischof

Nov 1, 2022

We are maintaining our $29 fair value estimate for CenterPoint Energy after the company reported third-quarter operating utility earnings per share of $0.32 compared with $0.33 in the year-ago period. Last year's third-quarter earnings included $0.08 per share of divested midstream earnings. Management maintained its 2022 utility EPS guidance at $1.37-$1.39, in line with our estimates.

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