CenterPoint Energy Q4 2022 Earnings Report
Key Takeaways
CenterPoint Energy reported Q4 2022 earnings of $0.19 per diluted share on a GAAP basis and non-GAAP EPS of $0.28, a 4% increase over the comparable 2021 non-GAAP Utility EPS. The positive variance was predominantly driven by increased regulatory recovery of capital and cold weather across a number of service territories.
Q4 2022 earnings were reported at $0.19 per diluted share on a GAAP basis.
Non-GAAP EPS was $0.28 for Q4 2022, a 4% increase over 2021.
The positive variance was predominantly driven by increased regulatory recovery of capital and cold weather.
2023 non-GAAP EPS guidance range of $1.48-$1.50 was reiterated, representing an 8% growth over 2022.
CenterPoint Energy
CenterPoint Energy
Forward Guidance
CenterPoint reiterated its 2023 non-GAAP EPS guidance range of $1.48-$1.50, which represents an 8% growth over 2022 actual at the midpoint; and further reiterated growth targets of 8% for 2024 and the mid-to-high end of 6%-8% annually thereafter, through 2030