Picture of CenterPoint Energy logo

CNP CenterPoint Energy News Story

0.000.00%
us flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

CenterPoint meets Q4 adj EPS expectations, reiterates 2026 adj EPS guidance

Overview

Texas utility's Q4 non-GAAP EPS met analyst expectations, driven by growth and regulatory recovery

Company increased 10-year capital investment plan by $500 mln to $65.5 bln

Company projects 50% peak load demand increase by 2029, two years ahead of forecast

Outlook

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

CenterPoint expects to meet 50% peak load increase by 2029, two years early

Result Drivers

GROWTH AND REGULATORY RECOVERY - Co attributed strong Q4 results to growth and regulatory recovery, contributing $0.12 per share favorability

WEATHER AND USAGE - Favorable weather and usage contributed $0.01 per share to Q4 results

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Adjusted EPSMeet$0.45$0.45 (12 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "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 0.2% below its February 18 closing price of $41.93 The stock recently traded at 22 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 reuters.support@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.)

Recent news on CenterPoint Energy

See all news