Centerpoint Energy Inc ( (CNP) ) has released its Q2 earnings. Here is a breakdown of the information Centerpoint Energy Inc presented to its investors.
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CenterPoint Energy Inc., a Texas-based energy delivery company, operates in electric transmission, distribution, power generation, and natural gas distribution, serving over 7 million customers across several states. In its latest earnings report, CenterPoint Energy announced a solid performance for the second quarter of 2025, with earnings of $0.30 per diluted share on a GAAP basis and $0.29 on a non-GAAP basis. The company also reiterated its full-year guidance and increased its 10-year capital investment plan by $500 million, bringing the total to $53 billion through 2030.
The company’s financial performance showed a decrease compared to the previous year, with a GAAP earnings per share of $0.30, down from $0.36 in the same quarter of 2024. The non-GAAP earnings per share also saw a decline from $0.36 to $0.29. This decrease was attributed to increased financing costs and operating expenses, although favorable weather conditions provided a slight offset. CenterPoint Energy has also completed all state and public commitments related to Phase II of the Greater Houston Resiliency Initiative ahead of schedule.
CenterPoint’s strategic focus remains on growth and resilience, particularly in its Texas service territories, which continue to experience significant growth. The company has increased its capital investment plan by $5.5 billion this year alone, reflecting its commitment to enhancing infrastructure and service reliability. The management expressed confidence in future investment opportunities and plans to share a refreshed 10-year plan by the end of September.
Looking ahead, CenterPoint Energy maintains a positive outlook, with a reiterated non-GAAP EPS guidance range for 2025 and a growth target of 6%-8% annually through 2030. The management is optimistic about the company’s ability to capitalize on investment opportunities and manage its financial strategies effectively, positioning CenterPoint Energy for continued growth and stability in the coming years.