CenterPoint Energy Q3 adjusted EPS beats estimates, raises 2026 outlook
CNP•CenterPoint Energy reported third-quarter adjusted EPS of $0.53, beating the $0.49 estimate, and raised its 2026 guidance to $1.90-$1.92. It also initiated 2027 guidance of $2.07-$2.09 and increased its 10-year capital investment plan by $4 billion to $70.7 billion.
1. Quarterly results
CenterPoint Energy reported third-quarter adjusted EPS of $0.53, above the $0.49 analyst estimate. Net income was $331 million and EPS was $0.50. The company said growth and rate recovery drove results, with favorable weather and higher usage contributing; higher financing expenses from new debt and equity dilution offset some gains.
2. Raised outlook
The company raised its 2026 non-GAAP EPS guidance to $1.90-$1.92 and initiated 2027 guidance of $2.07-$2.09. It expects non-GAAP EPS growth at the mid-to-high end of its 7%-9% range through 2030.
3. Investment plan
CenterPoint increased its 10-year capital investment plan by $4 billion to $70.7 billion and accelerated an additional $1.5 billion of spending into 2026-2030 to support rising customer demand in the Greater Houston area.
