secwatch.observer — SEC 8-K summary
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Issuer:     CENTERPOINT ENERGY INC (CNP)
CIK:        0001130310
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001130310-23-000148
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CenterPoint Energy Q3 GAAP EPS $0.40; raises 2023 guidance; names Jason Wells as CEO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/0001130310-23-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130310/000113031023000148/cnp-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001130310-23-000148

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