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CenterPoint Energy Q1 Earnings Miss Estimates, Revenues Rise Y/Y
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Key Takeaways
CNP reported Q1 adjusted EPS of 56 cents, missing estimates, though up 5.7% year over year.
CenterPoint Energy posted $2.98B revenues, missing estimates but rising 2% from last year.
CNP raised its 10-year capital plan to $65.5B and expects major data center load growth by 2029.
CenterPoint Energy, Inc. (CNP - Free Report) reported first-quarter 2026 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate of 58 cents by 3.8%. However, the bottom line increased 5.7% from 53 cents in the year-ago quarter.
The company recorded GAAP earnings of 48 cents per share compared with 45 cents in the first quarter of 2025.
CNP’s Revenues
CNP generated revenues of $2.98 billion, which missed the Zacks Consensus Estimate of $3.04 billion by 1.4%. However, the top line improved 2% from the year-ago reported figure of $2.92 billion.
CenterPoint Energy, Inc. Price, Consensus and EPS Surprise
Total expenses increased 2% year over year to $2.32 billion.
CNP reported an operating income of $658 million compared with $649 million in the previous year.
Interest expenses and other finance charges totaled $265 million, up 13.2% from $234 million last year.
The company announced 12.2 gigawatts (GW) of firmly committed industrial load at Houston Electric, expecting 8 GW of data center load to be energized by 2029.
CNP’s Financial Condition
As of March 31, 2026, CenterPoint Energy had cash and cash equivalents of $639 million compared with $38 million as of Dec. 31, 2025.
As of the aforementioned date, total long-term debt was $22.5 billion compared with $20.6 billion as of Dec. 31, 2025.
Net cash flow from operating activities during the first three months of 2026 amounted to $282 million compared with $410 million in the year-ago period.
The total capital expenditure for the quarter was $1.2 billion compared with $1.04 billion a year ago.
CNP’s 2026 Guidance
CenterPoint Energy has reiterated its 2026 non-GAAP EPS guidance of $1.89-$1.91, the midpoint of which would represent 8% growth over 2025 delivered results. The Zacks Consensus Estimate for earnings is pegged at $1.91 per share, which is the top end of the company’s guided range.
The company announced a $500 million increase to its 10-year capital plan, bringing total capital expenditures to nearly $65.5 billion through 2035.
Edison International (EIX - Free Report) is scheduled to report first-quarter results on April 28, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.71 per share, which suggests a year-over-year increase of 24.8%.
EIX’s long-term (three to five years) earnings growth rate is 9.43%. The Zacks Consensus Estimate for first-quarter sales is pinned at $3.85 billion, which implies a year-over-year improvement of 1.1%.
Alliant Energy (LNT - Free Report) is slated to report first-quarter results on April 30, after market close. The Zacks Consensus Estimate for earnings is pegged at 83 cents per share, flat year over year.
LNT’s long-term earnings growth rate is 7.15%. The Zacks Consensus Estimate for first-quarter sales is pinned at $1.17 billion, which implies year-over-year growth of 3.9%.
Public Service Enterprise Group (PEG - Free Report) is slated to report first-quarter results on May 5, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.50 per share, which implies a year-over-year increase of 4.9%.
PEG’s long-term earnings growth rate is 7.05%. The Zacks Consensus Estimate for first-quarter sales is pinned at $3.28 billion, which implies a year-over-year rise of 1.9%.
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CenterPoint Energy Q1 Earnings Miss Estimates, Revenues Rise Y/Y
Key Takeaways
CenterPoint Energy, Inc. (CNP - Free Report) reported first-quarter 2026 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate of 58 cents by 3.8%. However, the bottom line increased 5.7% from 53 cents in the year-ago quarter.
The company recorded GAAP earnings of 48 cents per share compared with 45 cents in the first quarter of 2025.
CNP’s Revenues
CNP generated revenues of $2.98 billion, which missed the Zacks Consensus Estimate of $3.04 billion by 1.4%. However, the top line improved 2% from the year-ago reported figure of $2.92 billion.
CenterPoint Energy, Inc. Price, Consensus and EPS Surprise
CenterPoint Energy, Inc. price-consensus-eps-surprise-chart | CenterPoint Energy, Inc. Quote
Highlights of CNP’s Q1 Release
Total expenses increased 2% year over year to $2.32 billion.
CNP reported an operating income of $658 million compared with $649 million in the previous year.
Interest expenses and other finance charges totaled $265 million, up 13.2% from $234 million last year.
The company announced 12.2 gigawatts (GW) of firmly committed industrial load at Houston Electric, expecting 8 GW of data center load to be energized by 2029.
CNP’s Financial Condition
As of March 31, 2026, CenterPoint Energy had cash and cash equivalents of $639 million compared with $38 million as of Dec. 31, 2025.
As of the aforementioned date, total long-term debt was $22.5 billion compared with $20.6 billion as of Dec. 31, 2025.
Net cash flow from operating activities during the first three months of 2026 amounted to $282 million compared with $410 million in the year-ago period.
The total capital expenditure for the quarter was $1.2 billion compared with $1.04 billion a year ago.
CNP’s 2026 Guidance
CenterPoint Energy has reiterated its 2026 non-GAAP EPS guidance of $1.89-$1.91, the midpoint of which would represent 8% growth over 2025 delivered results. The Zacks Consensus Estimate for earnings is pegged at $1.91 per share, which is the top end of the company’s guided range.
The company announced a $500 million increase to its 10-year capital plan, bringing total capital expenditures to nearly $65.5 billion through 2035.
CNP’s Zacks Rank
The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Utility Releases
Edison International (EIX - Free Report) is scheduled to report first-quarter results on April 28, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.71 per share, which suggests a year-over-year increase of 24.8%.
EIX’s long-term (three to five years) earnings growth rate is 9.43%. The Zacks Consensus Estimate for first-quarter sales is pinned at $3.85 billion, which implies a year-over-year improvement of 1.1%.
Alliant Energy (LNT - Free Report) is slated to report first-quarter results on April 30, after market close. The Zacks Consensus Estimate for earnings is pegged at 83 cents per share, flat year over year.
LNT’s long-term earnings growth rate is 7.15%. The Zacks Consensus Estimate for first-quarter sales is pinned at $1.17 billion, which implies year-over-year growth of 3.9%.
Public Service Enterprise Group (PEG - Free Report) is slated to report first-quarter results on May 5, before market open. The Zacks Consensus Estimate for earnings is pegged at $1.50 per share, which implies a year-over-year increase of 4.9%.
PEG’s long-term earnings growth rate is 7.05%. The Zacks Consensus Estimate for first-quarter sales is pinned at $3.28 billion, which implies a year-over-year rise of 1.9%.