CenterPoint Energy Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 non-GAAP EPS reached $0.56, with strong load growth in Houston and Indiana driving future capital investment. Full-year 2026 non-GAAP EPS guidance of $1.89-$1.91 was reiterated, and long-term growth targets remain at 7%-9% annually through 2035.
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 2025 EPS guidance reaffirmed at $1.74-$1.76. Capital investment plans increased by $500 million this quarter, totaling $5.5 billion in 2025, all funded without incremental common equity. Texas growth and asset recycling remain key strategic focuses.
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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 2025 guidance reaffirmed at $1.74-$1.76. Capital plan increased to $47.5B through 2030, driven by Houston's projected 50% load growth and major grid resiliency investments.
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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, reflecting 8% annual growth. Major grid resiliency investments and strong Houston growth underpin long-term confidence, while capital plans rise to $47 billion through 2030.
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Q2 2024 non-GAAP EPS rose to $0.36, with full-year guidance reaffirmed at $1.61-$1.63. Major storm costs from Hurricane Beryl are estimated at $1.6-$1.8 billion, with recovery via securitization planned. Resiliency investments and customer communication upgrades are being accelerated.