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Mar 31, 2024
CenterPoint Energy Q1 2024 Earnings Report
CenterPoint Energy reported strong first quarter earnings, driven by growth and regulatory recovery, and reiterated its full year guidance.
Key Takeaways
CenterPoint Energy reported a GAAP EPS of $0.55 and non-GAAP EPS of $0.55 for Q1 2024. The company reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63 and announced the filing of Houston Electric’s first Texas System Resiliency Plan.
Reported Q1 2024 GAAP earnings of $0.55 per diluted share.
Reported Q1 2024 non-GAAP EPS of $0.55.
Filed Houston Electric’s first Texas System Resiliency Plan with a potential opportunity of up to $500 million of incremental capital investment.
Reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63, representing 8% growth over full-year 2023.
Revenue by Geographic Location
Forward Guidance
CenterPoint Energy reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63, representing 8% growth over full-year 2023. The company also maintains non-GAAP EPS growth target through 2030 of the mid-to-high end of 6%-8% annually.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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