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Centerpoint Energy (CNP)
NYSE:CNP
Earnings Data
Report Date
May 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
0.53Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive outlook driven by strong 2025 execution (9% EPS growth), accelerated and sizable load growth in Houston (50% peak increase, +10 GW), reaffirmed and increased capital plans (>$65B ten-year plan with $500M incremental for a 765 kV line), favorable financing actions (priced $1.2B securitization, expected $800M Ohio proceeds) and materially improved cash tax outlook (near-zero AMT cash tax through 2035 with a 60–70 bps credit benefit). Near-term headwinds include modestly higher O&M from accelerated resiliency work, increased interest expense from incremental debt, and adjusted FFO-to-debt metrics that were slightly below target, but management provided concrete actions and catalysts to restore credit metrics. Overall, the positives (earnings growth, load acceleration, funding and tax improvements, strong capital execution, and reliability gains) materially outweigh the manageable near-term challenges.Company Guidance
Strong Earnings and Growth
Reported 2025 non-GAAP EPS of $1.76 and Q4 non-GAAP EPS of $0.45; GAAP EPS of $1.60 for the full year and $0.40 for Q4. Delivered 9% non-GAAP EPS growth in 2025 versus 2024 and 9% dividend per share growth for the year.
2026 Guidance and Long-Term Targets
Reaffirmed 2026 non-GAAP EPS guidance of $1.89–$1.91 (midpoint represents an 8% increase vs. 2025 delivered results). Long-term objective to grow non-GAAP EPS at 7%–9% annually through 2028 and annually thereafter through 2035.
Accelerated Houston Load Growth
Now forecasting a 50% increase in peak load (an additional ~10 GW) by 2029 — two years earlier than prior plans. Pipeline includes 2.5 GW under construction, 5 GW firmly committed to be energized by 2028, plus ~3 GW of ordinary course growth.
Expanded Capital Investment Plan
Adding $500,000,000 to the ten-year capital plan to fund a third 765 kV import line, bringing the ten-year plan to more than $65,000,000,000 and identifying over $10,000,000,000 of additional upside opportunities.
2025 Capital Execution
Invested $5.4 billion in 2025, exceeding the revised 2025 plan of $5.3 billion and reaffirming 2026 capital plan of $6.8 billion.
Regulatory and Transaction Progress
Received a final order in Ohio gas LDC rate case (approved revenue requirement ~$53.1M and ROE 9.79%), expect to close sale of Ohio business in Q4 with ~$800M net cash proceeds expected; limited regulatory activity over the next few years with two rate cases representing <20% of consolidated earnings power.
Balance Sheet and Financing Actions
Priced roughly $1.2 billion in securitization bonds to fund Hurricane-related recovery, plan to extinguish $500M term loan and reduce commercial paper; expect the Ohio sale and securitization proceeds to materially strengthen liquidity.
Tax Ruling Improves Cash Tax Profile and Credit Metrics
U.S. Treasury guidance on the corporate AMT repairs deduction revised expected cash tax liability from a prior ~$150M/year estimate to management belief of near zero through 2035, implying a 60–70 basis point improvement to credit metrics and potential to add ~$1.0B of customer-driven CapEx without incremental equity.
Reliability and Customer Benefits
Delivered substantial reliability improvements in Greater Houston (management cited a reduction of roughly 100 million outage minutes), enabling near-term customer bill stability and an estimate that utilizing 5 GW of existing hosting capacity could reduce average residential delivery charges by over 2% based on the 2025 average bill; management projects keeping rates essentially flat through 2028.
CNP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $41.93 | $42.64 | +1.69% |
Oct 23, 2025 | $39.83 | $39.38 | -1.12% |
Jul 24, 2025 | $36.70 | $37.41 | +1.94% |
Apr 24, 2025 | $36.70 | $37.25 | +1.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Centerpoint Energy (CNP) report earnings?
Centerpoint Energy (CNP) is schdueled to report earning on May 05, 2026, Before Open (Confirmed).
What is Centerpoint Energy (CNP) earnings time?
Centerpoint Energy (CNP) earnings time is at May 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNP EPS forecast?
CNP EPS forecast for the fiscal quarter 2026 (Q1) is 0.57.