CenterPoint Energy Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 delivered strong non-GAAP EPS of $0.56 and robust load growth, especially in Houston, with 12.2 GW of new industrial demand. Full-year guidance was reiterated, and significant capital investment opportunities are emerging in both Houston and Indiana.
Fiscal Year 2025
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Delivered 9% non-GAAP EPS and dividend growth in 2025, raised the 10-year capital plan to over $65 billion, and accelerated Houston Electric's peak load forecast by two years. Regulatory and tax changes improve credit metrics and support further capital investment.
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Q3 2025 non-GAAP EPS rose 60% year-over-year to $0.50, with strong growth in Houston and industrial segments. The $2.6B Ohio Gas LDC sale will fund Texas investments, supporting a 7%-9% annual EPS growth target through 2035.
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Raised 2025 EPS guidance and initiated 2026 outlook, targeting 7%-9% annual EPS growth through 2035. Announced a $65 billion 10-year capital plan, with $10 billion in additional opportunities, and moderated dividend growth to 6%. Regulatory and financing strategies support strong execution and customer affordability.
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Q2 2025 Non-GAAP EPS was $0.29, with robust load growth in Texas and a $500M capital plan increase. The Ohio Gas LDC sale will fund Texas investments, and 2025 EPS guidance of $1.74-$1.76 is reaffirmed, with no incremental equity needed for announced capital increases.
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Q1 2025 non-GAAP EPS was $0.53, with 2025 guidance reaffirmed at $1.74–$1.76. Capital Investment Plan increased by $1 billion to $48.5 billion through 2030, driven by strong load growth, especially from data centers and industrial demand.
Fiscal Year 2024
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Non-GAAP EPS grew 8% to $1.62 in 2024, with strong Q4 results and reaffirmed 2025 guidance. Capital investment plan increased to $47.5B through 2030, driven by Houston's projected 50% peak demand growth and major grid resiliency initiatives. Four major rate cases settled, supporting long-term earnings and CapEx visibility.
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Q3 2024 non-GAAP EPS was $0.31, with full-year guidance reaffirmed at $1.61-$1.63 and 2025 guidance initiated at $1.74-$1.76, both reflecting 8% growth. Major investments in grid resiliency and strong organic growth in Houston underpin long-term targets, while capital plans and credit metrics remain robust.
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Q2 2024 EPS rose to $0.36, with full-year guidance reaffirmed and long-term growth targets maintained. Major storm costs from Hurricane Beryl will be recovered via securitization, limiting customer bill impact, while accelerated resiliency and vegetation management initiatives are underway.