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CenterPoint Says 1st-qtr Income Falls 45 Percent
Stock quotes in this article:
CNP
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HOUSTON (AP) — Energy transmission and distribution company CenterPoint Energy Inc. on Wednesday said its net income fell by 45 percent in the first quarter, citing weaker performance across its business segments and several one-time charges.
CenterPoint said it earned $67 million, or 19 cents per share, in the three months ended March 31. That's down from $122 million, or 36 cents per share, in the same period last year.
Revenue fell 18 percent to $2.77 billion from $3.36 billion. ...
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