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CenterPoint Energy reports Q4 and FY 2024 results; forecasts nearly 50% electric load growth demand at Houston Electric by 2031; increases capital investment plan; reiterates 2025 full year guidance

1. CNP Q4 GAAP EPS rose to $0.38 from $0.30 last year. 2. Non-GAAP EPS increased 25% to $0.40, driven by growth and regulation.

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FAQ

Why Bullish?

The 25% non-GAAP EPS jump signals improved operational performance and favorable regulatory impacts. Similar earnings beats in utilities have historically driven positive market reactions, as seen with companies like AEP.

How important is it?

The marked improvement in quarterly EPS and positive commentary on regulatory and growth factors make this news highly significant for CNP. Investors are likely to closely assess these results in their valuation models.

Why Short Term?

Earnings reports typically cause immediate market reactions, although sustained growth elements may contribute long-term influence. The immediate earnings beat is expected to impact the stock in the near term.

Related Companies

HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported income available to common shareholders of $248 million, or $0.38 per diluted share on a GAAP basis for the fourth quarter of 2024, compared to $0.30 per diluted share in the comparable period of 2023. Non-GAAP EPS for the fourth quarter 2024 was $0.40 per diluted share, a 25% increase to the comparable quarter of 2023. These strong fourth quarter results were primarily driven by growth and regulatory.

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