The utility firm raises its 10-year capital plan by $1.2 billion while maintaining 2026 EPS guidance midpoint.
CenterPoint reported Q2 non-GAAP earnings per share of $0.40, exceeding estimates by $0.03. The result reflects operational strength amid ongoing capital deployment.
The company reiterated its 2026 non-GAAP EPS guidance range of $1.89-$1.91, targeting the midpoint of $1.90, which aligns with consensus and implies 8% growth over 2025. It also increased its 10-year capital investment plan by $1.2 billion to $66.7 billion without adjusting its current equity financing guidance.
No immediate market reaction was disclosed in the release.