Earnings call transcript: CenterPoint Energy tops Q3 2026 profit forecast

CenterPoint Energy reported strong third-quarter earnings, surpassing Wall Street's estimates with adjusted earnings per share (EPS) of $0.53, compared to the expected $0.49. The company's revenue of $2.12 billion also met expectations, with growth driven by rate recovery, higher usage due to warmer weather, and steady cost control.

In response to the positive performance, CenterPoint raised its full-year 2026 adjusted EPS guidance to $1.90-$1.92 from $1.89-$1.91, and projected a 2027 adjusted EPS range of $2.07-$2.09. The utility also increased its 10-year capital plan to $70.7 billion, up from $66.7 billion, to support transmission, distribution, and resiliency projects.

Despite higher financing costs reducing earnings by $0.04 per share, CenterPoint's strong execution and growing backlog of investment opportunities, particularly in Texas and Indiana, contributed to its impressive financial results.

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