CNP - CenterPoint Energy Discloses $1.2B Sale of Gas Assets Fuels Capital Expansion Plans After Q4 Results | Benzinga
CenterPoint Energy, Inc (Holding Co) (NYSE:CNP) reported fourth-quarter adjusted earnings per share of 32 cents, in line with the street view.
Adjusted earnings jumped 14% year over year. The fourth quarter results were primarily driven by growth and regulatory recovery, which contributed $0.05 per share of favorability, and a one-time tax benefit, which, combined with other favorable earnings drivers, contributed another $0.06 per share compared to the fourth quarter of 2022.
Sale Of Natural Gas Assets: In a separate press release, CenterPoint revealed the sale of its Louisiana and Mississippi natural gas LDC operations ...