CenterPoint Energy Q3 adjusted EPS beats estimates, driven by regulatory recovery and reduced O&M

CenterPoint Energy

23/10/2025 11:18

Overview

CenterPoint Q3 non-GAAP EPS of $0.50 beats analyst expectations

Q3 non-GAAP EPS increased over 60% year-over-year, driven by regulatory recovery and reduced O&M

Company reiterates 2025 and 2026 non-GAAP EPS guidance, indicating continued growth

Outlook

CenterPoint reiterates 2025 non-GAAP EPS guidance of $1.75-$1.77

CenterPoint maintains 2026 non-GAAP EPS guidance of $1.89-$1.91

Result Drivers

INDUSTRIAL THROUGHPUT - Houston Electric industrial throughput increased over 17% compared to Q3 2024, driving growth

O&M EXPENSE REDUCTION - Significant reduction in O&M expenses contributed $0.12 per share favorability, primarily due to non-recurrence of storm restoration work

TAX OPTIMIZATION - A one-time benefit related to tax optimization contributed $0.03 per share favorability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$0.50
$0.43 (11 Analysts)
Q3 EPS
$0.45
Q3 NET INCOME
$293 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 11 "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 $42.00, about 4.7% above its October 21 closing price of $40.03

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)