CenterPoint Energy matches Q1 adjusted EPS expectations

CenterPoint Energy

23/04/2026 11:25

Overview

US electric and gas utility's Q1 adjusted EPS met analyst expectations

Company reiterated full-year 2026 non-GAAP EPS guidance

Quarterly results driven by growth and regulatory recovery, partly offset by divestiture impacts

Outlook

CenterPoint reiterates 2026 non-GAAP EPS guidance at midpoint of $1.89-$1.91

Company expects 8 gigawatts of data center load to be energized by 2029

CenterPoint projects customer savings of about $4 bln over the next decade

Result Drivers

GROWTH AND REGULATORY RECOVERY - Q1 results were primarily driven by growth and regulatory recovery, contributing $0.11 per share of favorability versus Q1 2025

DIVESTITURE IMPACT - Results were negatively affected by the divestiture of Louisiana and Mississippi natural gas LDC businesses, resulting in a $0.03 per share unfavorable variance

INTEREST EXPENSE AND WEATHER - Increased interest expense and unfavorable weather and usage partially offset results, with $0.04 and $0.02 per share of unfavorability, respectively

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Meet
$0.56
$0.56 (11 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline utilities peer group is "buy"

Wall Street's median 12-month price target for CenterPoint Energy Inc is $46.00, about 9.2% above its April 22 closing price of $42.12

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)