CenterPoint Energy (CNP) Misses Q1 EPS by 2c, Offers FY25 Guidance
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CenterPoint Energy reports solid Q1 2025 results; reiterates 2025 full year guidance; provides update on Texas electric load growth in Houston Electric service territory; increases 10-year capital inv
April 24, 2025 6:25 AM EDTReports Q1 2025 earnings of $0.45 per diluted share on a GAAP basis and $0.53 earnings per diluted share on a non-GAAP basis (non-GAAP EPS) Reiterates 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over full-year 2024 non-GAAP EPS and further maintains non-GAAP EPS growth target of the mid-to-high end of 6%-8% annually thereafter through 20301 Provides update that current interconnection queue is up ~7GWs since the end of 2024, strengthening conviction in 50% load growth forecast by 2031 Increases 10-year capital investment plan to... More
