CenterPoint Energy (CNP) investor relations material

Executive summary

• Q3 2026 GAAP diluted EPS was $0.50 and adjusted non-GAAP diluted EPS was $0.53; 2026 non-GAAP EPS guidance rose to $1.90-$1.92.

• The 10-year capital plan increased $4.0B to $70.7B through 2035, with $1.5B accelerated into 2026-2030 and at least $10B of further opportunities identified.

• Long-term non-GAAP EPS growth outlook is 7%-9% annually through 2035, with growth at the mid-to-high end of that range through 2030.

Financial highlights

• Q3 revenue was $2.191B, operating income $667M and net income $331M; nine-month net income was $891M, up from $788M year over year.

• Q3 non-GAAP EPS rose from $0.50 to $0.53 year over year; growth and rate recovery added $0.09/share, weather and usage $0.03, while financing and other items reduced results by $0.04 and $0.05/share.

• O&M was flat year over year and down 1% year to date; the full-year reduction target is 1%-2% versus 2025.

• Nine-month operating cash flow was $2.051B and capital expenditures were $4.170B.

Outlook and guidance

• 2026 non-GAAP EPS guidance rose to $1.90-$1.92, nearly 9% midpoint growth over 2025 non-GAAP EPS of $1.76.

• Initiated 2027 non-GAAP EPS guidance of $2.07-$2.09, or 9% midpoint growth over increased 2026 guidance.

• Targeting 6% dividend-per-share growth in 2026 and non-GAAP EPS growth at the mid-to-high end of 7%-9% through 2030, with 7%-9% annual growth targeted through 2035.

• Full-year 2026 capital investment is expected modestly below the $6.8B target due to timing, with deferred projects expected to recover in Q1 2027.