--- schema_version: "secwatch.filing_event.v1" accession: "0001130310-23-000148" form_type: "8-K" ticker: "CNP" cik: "0001130310" company_name: "CENTERPOINT ENERGY INC" filed_at: "2023-10-26T23:59:59+00:00" generated_at: "2026-06-09T07:56:18.337661+00:00" event_type: "earnings" sentiment: "positive" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # CenterPoint Energy Q3 GAAP EPS $0.40; raises 2023 guidance; names Jason Wells as CEO ## Summary - Q3 2023 GAAP and non-GAAP EPS both $0.40 per diluted share, up 25% YoY from Q3 2022. - Raised 2023 non-GAAP EPS guidance to $1.49-$1.51 (from $1.48-$1.50); initiates 2024 guidance of $1.61-$1.63 (8% growth). - Increased 10-year capital plan to $43.9B, up $500M through 2030, with $200M in 2023 and $300M in 2024-2025. - CEO David Lesar to retire Jan 5, 2024; President and COO Jason Wells appointed CEO and board member effective same date. - Wells' compensation: $1.15M base salary, short-term target 125%, long-term target 500% of salary. ## SEC filing metadata - accession: 0001130310-23-000148 - form_type: 8-K - ticker: CNP - cik: 0001130310 - company_name: CENTERPOINT ENERGY INC - filed_at: 2023-10-26T23:59:59+00:00 - event_type: earnings - sentiment: positive - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 2.02, 5.02, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/cnp-20231024.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001130310-23-000148 - JSON: https://secwatch.observer/filing/0001130310-23-000148.json - Plain text: https://secwatch.observer/filing/0001130310-23-000148.txt ## Key facts - Earnings Releases CENTERPOINT ENERGY INC reported for 2024 results: EPS non-GAAP EPS guidance range of $1.61-$1.63. Guidance initiated. - Period: for 2024 - EPS: non-GAAP EPS guidance range of $1.61-$1.63 - Guidance: initiated - Result: guidance update source text: Initiated 2024 non-GAAP EPS guidance range of $1.61-$1.63, which represents an 8% growth over the increased 2023 midpoint and further maintains growth targets of 8% for 2024 and the mid-to-high end of 6%-8% annually thereafter through 20301 evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Earnings Releases CENTERPOINT ENERGY INC reported for 2023 results: EPS non-GAAP EPS guidance range for 2023 from $1.48-$1.50 to $1.49-$1.51. Guidance raised. - Period: for 2023 - EPS: non-GAAP EPS guidance range for 2023 from $1.48-$1.50 to $1.49-$1.51 - Guidance: raised - Result: guidance update source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Earnings Releases CENTERPOINT ENERGY INC reported for 2023 results: EPS non-GAAP EPS guidance range for 2023 from $1.48-$1.50 to $1.49-$1.51. Guidance raised. - Period: for 2023 - EPS: non-GAAP EPS guidance range for 2023 from $1.48-$1.50 to $1.49-$1.51 - Guidance: raised - Result: guidance update source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Earnings Releases CENTERPOINT ENERGY INC reported for Q3 2023 results: EPS Non-GAAP EPS for the third quarter 2023 was also $0.40. - Period: for Q3 2023 - EPS: Non-GAAP EPS for the third quarter 2023 was also $0.40 - Result: reported results source text: Non-GAAP EPS for the third quarter 2023 was also $0.40, a 25% increase to the comparable quarter of 2022. evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Earnings Releases CENTERPOINT ENERGY INC reported for the third quarter of 2023 results: net income income available to common shareholders of $256 million, EPS $0.40 per diluted share on a GAAP basis. - Period: for the third quarter of 2023 - Net income: income available to common shareholders of $256 million - EPS: $0.40 per diluted share on a GAAP basis - Result: reported results source text: CenterPoint Energy, Inc. (NYSE: CNP) or "CenterPoint" today reported income available to common shareholders of $256 million, or $0.40 per diluted share on a GAAP basis for the third quarter of 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Executive change Jason P. Wells was appointed as President and Chief Executive Officer at CENTERPOINT ENERGY INC. - Action: appointed - Role: President and Chief Executive Officer source text: Jason P. Wells, President and Chief Operating Officer of CenterPoint Energy, was appointed Chief Executive Officer and as a member of the Board of CenterPoint Energy, effective January 5, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm - Executive change David J. Lesar retired as Chief Executive Officer at CENTERPOINT ENERGY INC. - Action: retired - Role: Chief Executive Officer source text: The Board announced the retirement of Mr. David J. Lesar from his positions as Chief Executive Officer and as a member of the Board of CenterPoint Energy, effective January 5, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.