Centerpoint Energy Stock Earnings Reports

CenterPoint reported strong Q1 2026 results with non-GAAP EPS of $0.56 (GAAP EPS $0.48) and reiterated full-year 2026 non-GAAP EPS guidance of $1.89–$1.91 (midpoint ≈ $1.90, ~8% growth vs. 2025). Management emphasized materially accelerated load growth in Houston: 12.2 GW of firmly committed new industrial load (diversified across ~20 projects) with ~8 GW positioned to be energized by 2029. This growth is expected to drive significant incremental demand charges and customer affordability benefits (management estimates roughly $4 billion in aggregate savings for Texas residential and commercial customers over the next 10 years by utilizing ~10 GW of existing capacity). Capital deployment remains on track — $1.2 billion invested in Q1 and $6.8 billion targeted for 2026 — within a longer-term base plan of $65.5 billion over 10 years plus >$10 billion of incremental opportunities tied to the load surge and transmission refresh. Regulatory recovery continues to derisk earnings: recent approvals/settlements for Houston DCRF/TCOS and pending GRIP for Texas Gas. Financially, CenterPoint has completed ~70% of planned 2026 financing, issued $650 million of convertible debt to reduce floating-rate exposure, reported an adjusted FFO-to-debt (Moody’s basis) of 12.5% (temporary timing effects), and expects to receive cash tax refunds that will materially improve cash flow. In Indiana, management is advancing discussions on a potential transformational load (~1.5 GW) that could involve converting a CT to CCGT and represents roughly a $1 billion incremental CapEx opportunity that could deliver ~$250 million in residential bill savings over 15 years. Management reiterated long-term non-GAAP EPS growth expectations of 7%–9% annually through 2035.