Overview
Texas utility's Q4 non-GAAP EPS met analyst expectations, driven by growth and regulatory recovery
Company increased 10-year capital investment plan by $500 mln to $65.5 bln
Company projects 50% peak load demand increase by 2029, two years ahead of forecast
Outlook
CenterPoint reiterates 2026 non-GAAP EPS guidance of $1.89-$1.91
CenterPoint expects to meet 50% peak load increase by 2029, two years early
Result Drivers
GROWTH AND REGULATORY RECOVERY - Co attributed strong Q4 results to growth and regulatory recovery, contributing $0.12 per share favorability
WEATHER AND USAGE - Favorable weather and usage contributed $0.01 per share to Q4 results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Adjusted EPS | Meet | $0.45 | $0.45 (12 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the multiline utilities peer group is "buy"
Wall Street's median 12-month price target for CenterPoint Energy Inc is $42.00, about 0.2% below its February 18 closing price of $41.93
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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