Utility stocks are known to be stable investments for plenty of reasons. The demand for utility services remains more or less the same even during a recession.
AES announces that its board of directors has approved an increase of 5% in the quarterly dividend.
CenterPoint Energy, Inc. (NYSE:CNP ) Q3 2022 Earnings Conference Call November 1, 2022 8:00 AM ET Company Participants Jackie Richert - Vice President, Investor Relations and Treasurer Dave Lesar - Ch
CenterPoint Energy (CNP) generates revenues worth $1,903 million, up 8.8% from the year-ago figure. The company's revenues beat the Zacks Consensus Estimate by 9.2%.
CenterPoint (CNP) delivered earnings and revenue surprises of 3.23% and 9.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Total Q3 earnings of Utility stocks are expected to decline 9.3% year over year, while revenues are likely to improve 3%. EIX, CNP & WEC are set to post Q3 earnings on Nov 1
CenterPoint Energy's (CNP) Q3 results are likely to reflect the benefits of warmer weather patterns as well as rate recovery. Yet, storm restoration costs might have hurt earnings.
The heavy selling pressure might have exhausted for CenterPoint (CNP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts
AVA vs. CNP: Which Stock Is the Better Value Option?
At present, AVANGRID (AGR) appears to be a better utility when compared with CenterPoint Energy (CNP).
Here is how CenterPoint Energy (CNP) and New Jersey Resources (NJR) have performed compared to their sector so far this year.
Houston, TX, Sept. 22, 2022 (GLOBE NEWSWIRE) --
At present, Alliant Energy (LNT) appears to be a better choice in the utility space compared with CenterPoint Energy (CNP).
CenterPoint Energy (CNP) makes a strong case for investment, given its rising estimates, regular dividend payment and stable price performance.

The 7 Best Utility Stocks to Buy Now

02:00pm, Thursday, 08'th Sep 2022
Especially during these difficult circumstances, investors seeking shelter and reliable growth opportunities should consider the best utility stocks to buy. Fundamentally, power distribution features
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