Centerpoint Energy Inc.

Strong Q1 Results and Reaffirmed Guidance: CenterPoint Energy reported a non-GAAP EPS of $0.53 for Q1 2025, a slight decline from $0.55 in Q1 2024. The company reaffirmed its 2025 non-GAAP EPS guidance range of $1.74 to $1.76, suggesting an 8% growth at the midpoint from the $1.62 in EPS delivered in 2024. This reflects confidence in operational execution despite regulatory lag due to rate case activity.

Significant CapEx Increase: The company announced a $1 billion increase in the capital investment plan, raising it to $48.5 billion through 2030, to support load growth in its Houston Electric service territory. This revision reflects planned investments across nearly a dozen transmission projects necessary for handling expected growth driven by data centers, industrial demand, and transportation electrification.

Load Growth Confidence: CenterPoint anticipates a conservative forecast of a 10-gigawatt increase in peak load by 2031. Recent trends have shown a significant uptick in load interconnection requests, suggesting continued market confidence and potential for further growth opportunities in capital investments.