CenterPoint Energy reports Q1 non-GAAP EPS 53c, consensus 53c

“We continue to make significant investments and upgrades in our electric infrastructure as part of our Greater Houston Resiliency Initiative as we endeavor to build the most resilient, self-healing coastal grid in the nation. We expect to greatly expand this vital work in the latter half of the year as we begin implementation of our System Resiliency Plan. Houston also continues to be the economic engine driving Texas as we’ve seen requests for new connections grow by nearly 7GW or 20% since the end of January alone. This only strengthens our conviction in the robust economic outlook for the region and the capital investment increase we announced today,” said CEO Jason Wells. “We are proud to start the year with a solid foundation of financial results that put us right on track to meet our full-year 2025 financial guidance. We have confidence in our ability to execute through the remainder of 2025 and beyond for the benefit of our customers, communities and shareholders”.