Centerpoint Energy (CNP)
NYSE:CNP
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.37Last Year’s EPS
0.29Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial outlook driven by materially accelerated load commitments in Houston (12.2 GW committed, ~8 GW to be energized by 2029), reiterated 2026 guidance with an 8% midpoint growth target, solid progress on capital deployment ($1.2B in Q1 toward $6.8B plan), successful regulatory tracker outcomes, and significant progress derisking the financing plan. Lowlights were largely timing and execution uncertainties (short‑term credit metric pressure from pulled‑forward financings, pending transmission investments needed to support the surge in load, and modest quarter‑specific EPS headwinds from weather, interest expense and divestitures). Overall, the positives — particularly the sizable and diversified load pipeline, regulatory recoveries, and financing progress — materially outweigh the manageable near‑term challenges.Company Guidance
Strong Quarterly and Full‑Year Earnings Position
Q1 2026 non‑GAAP EPS of $0.56 (GAAP $0.48). Reiterated 2026 non‑GAAP EPS guidance of $1.89–$1.91, with the midpoint implying ~8% growth versus 2025. Long‑term non‑GAAP EPS growth target maintained at 7%–9% annually through 2035.
Material Houston Load Acceleration
Firmly committed Houston Electric load increased to 12.2 GW (diversified across >12 customers and ~20 projects; ~90% ≤0.5 GW). ERCOT approvals already in place for 3.2 GW (2.5 GW approved since last call in <80 days). Positioned to energize ~8 GW of committed load by 2029, supporting near‑term demand charge tailwinds.
Customer Affordability Benefit
Expect utilizing ~10 GW of existing capacity to generate approximately $4 billion in aggregate savings to Texas residential and commercial customers over the next 10 years; delivery charges reported ~11% below the national average and the lowest in ERCOT.
Capital Deployment Momentum
On track for $6.8 billion of 2026 planned capital spend; $1.2 billion invested in Q1 (seasonal timing). Maintains 10‑year base plan of $65.5 billion with >$10 billion of incremental opportunities under review.
Regulatory Recoveries and Timely Rate Actions
Continued use of capital trackers (~85% of investments recovered). Houston DCRF filing requested ~$108M revenue and reached a settlement with rates effective in June; TCOS filing (~$36M) approved with new rates recently effective; Texas Gas GRIP filed for ~ $62M pending approval.
Derisked Financing and Balance Sheet Actions
Completed ~70% of planned 2026 financings, including $650M convertible issuance to reduce floating‑rate exposure. Parent commercial paper balance was $0 at quarter end (normal ~ $1B). Adjusted FFO/debt per Moody's methodology was 12.5% (timing‑driven) with management expecting to finish the year at the high end of their target cushion.
Indiana Opportunity with Potential Customer Transformational Load
Progress on conversations with a large potential Indiana customer that could unlock ~1.5 GW of incremental capacity and ~ $1B of incremental CapEx, estimated to enable ~$250M in residential customer savings over 15 years if realized.
Operational Execution and Interconnection Speed
Demonstrated fast ERCOT interconnection approvals (examples of approvals within 55–80 days) and expectation to file remaining 9 GW of Houston projects to ERCOT within weeks, underlining strong execution capability.
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 |
|---|---|---|---|
Apr 23, 2026 | $42.12 | $43.18 | +2.52% |
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% |
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 Aug 04, 2026, Before Open (Confirmed).
What is Centerpoint Energy (CNP) earnings time?
Centerpoint Energy (CNP) earnings time is at Aug 04, 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 (Q2) is 0.37.