earnings
confidence high
sentiment positive
materiality 0.75
CenterPoint Q2 GAAP EPS $0.37, non-GAAP $0.40; raises 10-year capex plan to $66.7B
CENTERPOINT ENERGY INC
- Q2 2026 GAAP EPS $0.37 vs $0.30 YoY; non-GAAP EPS $0.40 vs $0.29 YoY; net income $244M.
- 10-year capital plan increased by $1.2B to $66.7B (2026-2035) for large load and Houston Revitalization.
- Submitted ~17 GW in ERCOT Batch Zero; ~14 GW expected eligible as base/studied load, >65% above current peak.
- Reiterates 2026 non-GAAP EPS guidance at least midpoint of $1.89-$1.91, representing 8% YoY growth.
- New large load connections forecast to reduce Houston Electric delivery charges by at least $5B over decade.