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Sep 30, 2024

CenterPoint Energy Q3 2024 Earnings Report

CenterPoint Energy's Q3 2024 earnings were reported, with GAAP EPS at $0.30 and non-GAAP EPS at $0.31. The company reiterated its 2024 non-GAAP EPS guidance and initiated 2025 guidance.

Key Takeaways

CenterPoint Energy reported Q3 2024 GAAP earnings per share of $0.30 and non-GAAP EPS of $0.31. The company reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63 and initiated a 2025 non-GAAP EPS guidance range of $1.74-$1.76.

Reported Q3 2024 GAAP earnings per diluted share of $0.30.

Reported Q3 2024 non-GAAP earnings per diluted share of $0.31.

Reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63 per diluted share.

Initiated 2025 non-GAAP guidance range of $1.74-$1.76 per diluted share.

Total Revenue
$1.86B
Previous year: $1.86B
-0.2%
EPS
$0.31
Previous year: $0.4
-22.5%
Gross Profit
$883M
Previous year: $1.02B
-13.3%
Cash and Equivalents
$660M
Previous year: $704M
-6.3%
Free Cash Flow
-$708M
Previous year: -$477M
+48.4%
Total Assets
$42.9B
Previous year: $39B
+10.0%

CenterPoint Energy

CenterPoint Energy

Forward Guidance

CenterPoint Energy has provided non-GAAP EPS guidance for 2024 and 2025. The 2024 non-GAAP EPS guidance range is $1.61-$1.63 per diluted share. The 2025 non-GAAP EPS guidance range is $1.74-$1.76 per diluted share.