Report
Charles Fishman
EUR 101.80 For Business Accounts Only

CenterPoint Reports Strong 2017 Earnings and Establishes in Line Three-Year Outlook

We are reaffirming our $28 per share fair value estimate and narrow moat rating after CenterPoint Energy announced 2017 earnings $0.04 per share higher than our estimate and consensus, initiated in line 2018 earnings guidance, and provided a 2019-20 outlook that assumes 5%-7% EPS growth. Our EPS estimates for 2019 and 2020 are solidly within management’s outlook.
Our 2018 EPS estimate of $1.58 is in the upper half of management's new 2018 guidance range of $1.50-$1.60 per share. Due to the conti...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Fishman

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