earnings
confidence high
sentiment positive
materiality 0.75
CenterPoint reports Q4 non-GAAP EPS $0.40 (+25% YoY); forecasts 50% electric load growth by 2031
CENTERPOINT ENERGY INC
2024-FY EPS reported
$1.58
revenue$8,643,000,000
- GAAP EPS: Q4 $0.38, FY $1.58; Non-GAAP EPS: Q4 $0.40, FY $1.62 (8% YoY increase).
- Forecasts nearly 50% electric load growth in Houston Electric service territory by 2031.
- Increased 10-year capital plan to $47.5B through 2030, +$500M for grid resiliency.
- Filed $5.75B Systemwide Resiliency Plan to accelerate self-healing grid hardening.
- Reiterates 2025 non-GAAP EPS guidance of $1.74-$1.76 (8% midpoint growth).