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CenterPoint Reiterated 2025 Guidance With Non-GAAP EPS Range Of $1.74-$1.76 Vs. $1.75 Consensus

Benzinga
02-20
  • Provided forecast of nearly 50% of increased electric load growth demand at Houston Electric service territory by 2031 
  • Increased the 10-year capital plan through 2030 to $47.5 billion, a $500 million increase through 2030 related to incremental capital investments in grid resiliency in the Houston Region 
  • Reiterated 2025 non-GAAP EPS guidance range of $1.74-$1.76, which, at the midpoint, represents 8% growth over full-year 2024 non-GAAP EPS and further maintains non-GAAP EPS growth target of mid-to-high end of 6%-8% annually thereafter through 20301

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