CenterPoint Energy (CNP) Reports In-Line Q4 EPS

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CenterPoint Energy Reports Strong Q4 and Full-year 2023 Results; Increases Capital Investment Plan; Reiterates 2024 Guidance

February 20, 2024 6:35 AM EST

Reported Q4 2023 earnings of $0.30 per diluted share and full year 2023 earnings of $1.37 per diluted share on a GAAP basis Non-GAAP earnings per diluted share (non-GAAP EPS) was $0.32 for Q4 2023 and $1.50 for full year 2023; 9% increase over 2022 full year non-GAAP EPS of $1.38 Increased the 10-year capital plan through 2030 to $44.5 billion, a $600 million increase through 2030 which includes $100 million already deployed in 2023 with the remaining $500 million to be invested over the remainder of the decade Reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63,... More