CenterPoint Energy reports Q3 non-GAAP EPS 50c, consensus 44c

“We were proud to share our record $65B, 10-year capital investment plan last month and we continue to believe that CenterPoint Energy (CNP) has one of the most differentiated growth stories in the entire industry. Moreover, we have customer-centric capital plans in each of our states to enhance safety, reliability and resiliency, while maintaining a strong focus on keeping bills affordable for customers. We look forward to continuing to deliver for all of our stakeholders both now and in the future,” said CEO Jason Wells. “The Greater Houston area is experiencing strong economic momentum, supported by one of the most diverse sets of growth drivers in the sector. It is not dependent on any single industry, and the impact is already visible. Throughput in our Houston Electric business is up 9% year-to-date, with industrial customer demand leading the way. Industrial throughput is up more than 17% quarter over quarter and over 11% year-to-date. We look forward to finishing the year with strong execution and setting ourselves up for success in 2026 as we move into another full year of Greater Houston Resiliency Initiative work that will include close to $1B of System Resilience Plan spend as we continue to focus on building the most resilient coastal grid in the nation”.