CenterPoint Energy (CNP) Tops Q3 EPS by 5c; Offers FY23 EPS Guidance

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CenterPoint Energy Reports Strong Q3 Results, Raises Full Year 2023 Guidance and Capital Plan, and Initiates 2024 Guidance

October 26, 2023 6:29 AM EDT

Reported GAAP earnings and non-GAAP earnings of $0.40 per diluted share for Q3 2023 Increased non-GAAP EPS guidance range for 2023 from $1.48-$1.50 to $1.49-$1.51 which now represents a 9% growth target at the midpoint over 2022 actual results; expected to be the third consecutive year of 9% growth1 Increased 10-year capital plan to $43.9 billion, a $500 million increase through 2030 which includes an increase of $200 million in 2023 and $300 million in 2024 and 2025 Initiated 2024 non-GAAP EPS guidance range of $1.61-$1.63, which represents an 8% growth over the increased 2023 midpoint... More