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Mar 31, 2022

CenterPoint Energy Q1 2022 Earnings Report

CenterPoint Energy reported Q1 2022 earnings and reaffirmed full year guidance.

Key Takeaways

CenterPoint Energy reported Q1 2022 earnings of $0.82 per diluted share and non-GAAP earnings per diluted share of $0.47. The company reaffirmed its non-GAAP EPS range for 2022 at $1.36 - $1.38 and is on track to meet its full-year guidance.

Reported Q1 2022 earnings of $0.82 per diluted share.

Non-GAAP earnings per diluted share was $0.47 for Q1 2022.

Non-GAAP EPS range for 2022 reaffirmed at $1.36 - $1.38.

Fully exited from midstream by selling the entire Energy Transfer position.

Total Revenue
$2.76B
Previous year: $2.55B
+8.5%
EPS
$0.47
Previous year: $0.59
-20.3%
Gross Profit
$942M
Previous year: $903M
+4.3%
Cash and Equivalents
$125M
Previous year: $146M
-14.4%
Total Assets
$35.2B
Previous year: $36B
-2.2%

CenterPoint Energy

CenterPoint Energy

Forward Guidance

CenterPoint Energy reaffirmed its non-GAAP EPS range for 2022 at $1.36 - $1.38.