Business Context and Reporting Period
Company: CenterPoint Energy, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: August 6, 2008
Reporting Period: Second Quarter 2008 (ended June 30, 2008) and the six months ended June 30, 2008.
Key Financial Metrics
Second Quarter 2008
- Net Income: $101 million
- Earnings Per Share (Diluted): $0.30
Six Months Ended June 30, 2008
- Net Income: $224 million
- Earnings Per Share (Diluted): $0.66
Note: The filing text does not provide specific values for revenue, operating cash flow, gross margins, debt levels, or liquidity ratios. These metrics are referenced as being contained in the attached Press Release (Exhibit 99.1) but are not detailed in the body of this 8-K.
Material Changes vs. Prior Period
Second Quarter Comparison (2008 vs. 2007)
- Net Income: Increased from $70 million to $101 million.
- Earnings Per Share: Increased from $0.20 to $0.30 per diluted share.
Six-Month Comparison (2008 vs. 2007)
- Net Income: Increased from $200 million to $224 million.
- Earnings Per Share: Increased from $0.58 to $0.66 per diluted share.
Guidance, Outlook, and Risks
The filing serves as a notification of earnings results and incorporates a press release by reference. The text of this 8-K does not contain specific management commentary, forward-looking guidance, risk factors, contingencies, or details on unusual items. Investors are directed to the attached Press Release (Exhibit 99.1) for additional information.
Investor Verification Checklist
- Verify the full details of the Q2 2008 earnings, including revenue and operating margins, in the attached Press Release (Exhibit 99.1).
- Confirm the specific drivers behind the 44% increase in Q2 net income compared to the prior year.
- Review the full six-month financial statements for cash flow and debt position, as these are not listed in the 8-K summary.
- Check for any updated guidance or outlook provided in the referenced press release.