CenterPoint Energy, Inc.

Strong Q3 results + 2026 EPS guidance raised - GAAP EPS: $0.50; Non-GAAP EPS: $0.53 (excludes impacts of temporary generation units). - 2026 non-GAAP EPS guidance increased to $1.90–$1.92 (from $1.89–$1.91), now “nearly 80%” of the original full-year range achieved YTD. - Represents ~9% growth at the midpoint vs. 2025 and marks the 5th year of >8% growth since 2020.

Earnings outlook extended; solid visibility through 2030 (mid-to-high single digits) - Company now expects non-GAAP EPS growth at the mid- to high end of its 7%–9% annual range for another 2 years through 2030. - New 2027 non-GAAP EPS guidance: $2.07–$2.09 (~9% midpoint growth vs. the raised 2026 range). - Longer-term expectation reiterated: 7%–9% annual non-GAAP EPS growth through 2035 (company confidence tied to the growth plan and investment recovery).

Major capex increase driven by accelerating Houston Electric customer demand (opportunity) - 10-year capital plan increased from $66.7B → $70.7B through 2035 (+$4B). - +$1.5B of projects accelerated into the first 5 years (vs. later in the plan), with expectation of enterprise rate base CAGR >14% through 2030. - Houston demand signals: ~14 GW customer demand submitted as eligible load for ERCOT Batch Zero; company remains confident in 10 GW baseload, with ~2 GW moving from “studied load” to withdrawal after audit details were finalized. - Plans include energizing at least 14 GW by end of 2030, supported by industrial/commercial leasing activity up >30% YoY.