CenterPoint Energy (CNP) Tops Q2 EPS by 4c

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CenterPoint Energy Reports Strong Second Quarter Results and Raises Full Year Earnings Guidance

August 2, 2022 6:30 AM EDT

Reported Q2 2022 earnings of $0.28 and $0.31 per diluted share on a GAAP and non-GAAP basis, respectively Full year 2022 non-GAAP EPS guidance increased to $1.37-$1.39, representing an increase of 9% at the midpoint compared to full year 2021 From this higher $1.37-$1.39 guidance, CNP is reaffirming industry leading non-GAAP EPS growth of 8% annually for 2023 and 2024 and mid to high-end of the 6-8% annually range from 2025 through 2030 Capital spending on track for year with ~$2 billion invested as of the end of Q2 for the benefit of customers Continued 30-year trend of at least 2%... More