Core Viewpoint - CenterPoint Energy (CNP) reported quarterly earnings of $0.5 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and showing an increase from $0.31 per share a year ago, indicating a positive earnings surprise of +8.70% [1] Financial Performance - The company achieved revenues of $1.99 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.87%, and up from $1.86 billion year-over-year [2] - Over the last four quarters, CenterPoint has exceeded consensus revenue estimates three times [2] Stock Performance - CenterPoint shares have increased approximately 26.2% since the beginning of the year, outperforming the S&P 500's gain of 13.9% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $2.33 billion, and for the current fiscal year, it is $1.76 on revenues of $9.15 billion [7] - The trend of estimate revisions for CenterPoint was favorable ahead of the earnings release, suggesting potential positive adjustments in future earnings expectations [6] Industry Context - The Utility - Electric Power industry, to which CenterPoint belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a strong industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Third Quarter 2025 Investor Update CenterPoint Energy | 1 Cautionary Statement and Other Disclosures This presentation and the oral statements made in connection herewith contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this presentation and the oral statements made in connection herewith are forward-looking statements made in good fa ...

Core Insights - A wave of positive third-quarter 2025 earnings reports has boosted markets, with several major companies exceeding analyst expectations, while ongoing geopolitical developments, particularly concerning Ukraine and Russia, remain a significant focus [2]. Strong Q3 Earnings Performance Across Sectors - Hasbro (HAS) reported adjusted EPS of $1.68, beating the estimated $1.63, with revenue of $1.39 billion surpassing the forecast of $1.34 billion. The company raised its full-year adjusted EBITDA guidance to $1.24 billion to $1.26 billion from $1.17 billion to $1.20 billion, driven by growth in its Wizards of the Coast and Digital Gaming segments [3][10]. - Honeywell (HON) posted adjusted EPS of $2.82, significantly higher than the estimated $2.57, with quarterly revenue of $10.41 billion exceeding the $10.15 billion estimate. The company updated its full-year sales outlook to between $40.78 billion and $40.98 billion and adjusted EPS to $10.60 to $10.70 [4][10]. - First Citizens BancShares (FCNCA) announced adjusted EPS of $44.62, outperforming the $41.74 estimate, with net interest income of $1.73 billion above the $1.71 billion estimate and a net interest margin of 3.26%, slightly higher than the estimated 3.24% [5][10]. - TransUnion (TRU) reported adjusted net income of $216 million against an estimate of $204.3 million, with Q3 EPS of $0.49 and adjusted EPS of $1.10 versus an estimate of $1.04. Revenue for the quarter was $1,170 million, exceeding the $1,133 million estimate [6]. - CenterPoint Energy (CNP) reported adjusted EPS of $0.50, surpassing the $0.44 estimate, and reaffirmed its full-year adjusted EPS guidance of $1.75 to $1.77. PG&E (PCG) announced Q3 adjusted core EPS of $0.50, beating the estimated $0.43, and maintained its full-year adjusted EPS forecast between $1.49 and $1.51 [7]. - Atlas Copco reported Q3 adjusted EBIT of SEK 8,862 million, exceeding the estimate of SEK 8,677 million, with revenue of SEK 41,621 million slightly above the estimated SEK 41,333 million [8]. - Dow (DOW) reported Q3 adjusted EPS of -$0.19, better than the estimated -$0.29, but net sales of $9,973 million fell short of the estimated $10,185 million [9][10]. Tesla's Capital Expenditures and Geopolitical Landscape - Tesla (TSLA) recognized $238 million in expenses within its automotive segment during Q3, primarily due to charges for supercomputer assets, contract terminations, and employee terminations. The company expects full-year capital expenditures to be around $9.00 billion [11][10]. - On the geopolitical front, Ukrainian President Volodymyr Zelenskiy urged EU leaders to enhance Ukraine's long-range capabilities to counteract Russia, while Russia's Rosatom CEO warned that deteriorating Russia-U.S. relations could impact uranium supplies [12].

Oct 23, 2025 6:25 AM Eastern Daylight Time CenterPoint Energy reports strong Q3 2025 results; reiterates 2025 and 2026 full year guidance Share HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or "CenterPoint†today reported net income of $293 million, or $0.45 per diluted share on a GAAP basis for the third quarter of 2025, compared to $0.30 per diluted share in the comparable period of 2024. Non-GAAP EPS for the third quarter of 2025 was $0.50, over a 60% increase to the comparable quarter of ...

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Financial Performance - CenterPoint Energy's net income for Q3 2025 increased by $100 million to $193 million compared to Q3 2024, driven by a $67 million increase in the Electric segment and a $41 million increase in the Natural Gas segment[240]. - CenterPoint Energy's total utility operations net income for the nine months ended September 30, 2025, increased by $35 million to $957 million compared to the same period in 2024[240]. - Net income for Houston Electric was $231 million for the three months ended September 30, 2025, representing a 29% increase from $179 million in the same period of 2024[253]. - Net income for the nine months ended September 30, 2025, was $465 million, up from $345 million in 2024, reflecting a 34.8% increase[257]. - CenterPoint Energy's Natural Gas segment's net income for the three months ended September 30, 2025, was $71 million, an increase of $41 million from the previous year, and $385 million for the nine months, up $25 million[249]. Revenue and Expenses - The Electric segment reported revenues of $1.365 billion for Q3 2025, up $122 million from $1.243 billion in Q3 2024, with operating income rising to $444 million[245]. - The Natural Gas segment generated revenues of $622 million for the three months ended September 30, 2025, an increase of $11 million from 2024, and $3,226 million for the nine months, up $350 million from the previous year[249]. - CenterPoint Energy's total expenses in the Electric segment for Q3 2025 were $921 million, an increase of $29 million from $892 million in Q3 2024[245]. - Total expenses for the three months ended September 30, 2025, were $541 million, compared to $523 million in 2024, an increase of 3.4%[257]. - The total expenses for the Natural Gas segment were $559 million for the three months ended September 30, 2025, an increase of $24 million compared to 2024, and $2,605 million for the nine months, up $319 million[249]. Customer Metrics - The number of metered customers increased by 2% year-over-year, reaching 3,006,945 by the end of Q3 2025[245]. - The number of residential customers decreased by 8% to 3,712,312 as of September 30, 2025, compared to 4,031,298 in 2024, primarily due to the divestiture of Louisiana and Mississippi natural gas LDCs[249]. - The number of residential metered customers increased by 2% to 2,538,496 at the end of September 30, 2025, compared to 2,495,669 at the end of September 30, 2024[253]. - The number of residential metered customers decreased by 8% to 3,607,811 as of September 30, 2025, from 3,926,819 in 2024[257]. Capital Expenditures and Investments - CenterPoint Energy announced a new 10-year capital plan to invest $65 billion from 2026 through 2035, including a $2 billion increase in planned capital expenditures through 2030[231]. - Estimated capital expenditures for CenterPoint Energy are projected to be $1,539 million for the remainder of 2025, with $988 million allocated to Electric and $515 million to CERC[264]. - Houston Electric plans to invest approximately $5.75 billion over three years (2026-2028) for transmission and distribution infrastructure, including $3.58 billion for distribution-related investments[283]. - Indiana Electric completed the acquisition of the 191 MW Posey Solar project for approximately $357 million, which was placed in service in Q2 2025[272]. Regulatory and Legislative Impacts - The company is evaluating the impact of the One Big Beautiful Bill Act (OBBBA) on future financial results, particularly regarding energy tax credits[233]. - The Registrants are evaluating the effects of new Texas legislation that allows for the recovery of post in-service carry costs and the securitization of system restoration costs[281]. - The Minnesota Gas Rate Case requests a delivery charge increase of approximately 6.5% ($85 million) for 2024 and 3.7% ($52 million) for 2025, driven by safety and reliability investments[285]. - Houston Electric's rate case seeks a $17 million (1%) increase for retail customers and $43 million (6.6%) for wholesale transmission service, primarily for system reliability[286]. Debt and Financing - CenterPoint Energy had outstanding fixed-rate debt totaling $21.4 billion, up from $19.7 billion as of December 31, 2024[322]. - CenterPoint Energy's floating rate obligations were $1.1 billion as of September 30, 2025, compared to $1.5 billion as of December 31, 2024[321]. - The total net cash provided by financing activities decreased by $1,290 million for the nine months ended September 30, 2025, compared to the previous year[263]. - Net changes in commercial paper outstanding increased by $115 million, while net changes in long-term debt and term loans outstanding decreased by $15 million, resulting in a total net cash used in financing activities of $(424) million for the nine months ended September 30, 2025[263]. Operational Challenges - CenterPoint Energy's solar projects face delays and increased costs due to supply chain issues, with potential impacts on future projects[282]. - The company experienced a 10 million dollar loss in revenues due to outages associated with Hurricane Beryl in 2024[254]. - The impact of divestiture of Louisiana and Mississippi natural gas LDCs resulted in a $47 million unfavorable variance in revenues for the three months ended September 30, 2025[258]. Market and Economic Conditions - The company is monitoring the economic effects of U.S. tariffs, including a 25% tariff on steel imports and a 10% baseline tariff on products from most countries, which may impact capital market access and commodity cost volatility[290]. - The EPA has proposed to repeal GHG emissions standards, which may affect compliance deadlines and reporting requirements for the oil and gas industry[291]. - The SEC has delayed the implementation of climate disclosure rules pending litigation, creating uncertainty regarding future compliance[292]. - The company is assessing the impacts of changes in federal energy policy, including potential shifts in renewable generation infrastructure development[293].

Core Insights - CenterPoint Energy has announced a capital investment plan of at least $65 billion, with an additional $10 billion in potential incremental investment opportunities, primarily driven by rising energy demand in Texas [1][5]. Investment and Growth Projections - The company anticipates a nearly 50% increase in peak load demand, equating to an additional 10 GW, in its Houston service territory by 2031 [2][6]. - CenterPoint's capital investment plan is projected to yield a compound annual growth rate (CAGR) of over 11% in rate-based growth through 2030, with the potential for continued double-digit growth into the middle of the next decade [3]. Demand Drivers - Electricity demand in CenterPoint's Texas territory is rapidly increasing, with significant contributions from data centers, the energy refining sector, and a notable 18% quarter-over-quarter increase in exports from the Port of Houston [4][5]. - The greater Houston area is experiencing diverse growth drivers, which are not reliant on a single industry, indicating a robust and sustainable growth environment [7].

Core Viewpoint - CenterPoint Energy has agreed to sell its Ohio natural gas distribution business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company for $2.62 billion, which includes approximately 5,900 miles of pipeline servicing around 335,000 customers [1][2]. Group 1: Transaction Details - The transaction is expected to close in the fourth quarter of 2026, pending customary closing conditions and regulatory approvals [2]. - CenterPoint is projected to receive $1.42 billion upon closing and the remaining $1.2 billion in 2027 via a seller note [1]. Group 2: Impact on National Fuel - The acquisition will double National Fuel's gas utility rate base to approximately $3.2 billion and expand its operations into Ohio [3]. - The transaction is expected to be accretive to National Fuel's earnings per share, excluding acquisition-related expenses, and neutral to overall operating results by fiscal year 2028 [4]. Group 3: Strategic Objectives - National Fuel's acquisition aligns with its strategic objective to increase the scale of regulated operations through high-quality assets in favorable regulatory environments [5]. - The acquisition provides an opportunity to reinvest free cash flow from integrated upstream and gathering operations, enhancing the long-term outlook for regulated growth [7].

Core Insights - CenterPoint Energy (CNP) is a utility company providing electric and natural gas services, primarily in the U.S., competing with major players like Duke Energy and Southern Company [1] - Mizuho Securities has set a price target of $42 for CNP, indicating a potential price increase of 4.97% from its current price of $40.01 [1][6] Financial Performance - CenterPoint Energy is expected to report quarterly earnings of $0.46 per share, reflecting a significant year-over-year increase of 48.4% [2][6] - Projected revenues for the quarter are $1.98 billion, representing a 6.6% rise compared to the same quarter last year [2][6] - The consensus earnings per share (EPS) estimate has been revised upward by 3.8% over the past 30 days, indicating positive analyst reassessment [2] Operational Factors - The company's focus on grid modernization and reliability improvements is expected to enhance service reliability and strengthen infrastructure [3][6] - Increased demand from industrial and data center customers is anticipated to positively impact financial results [3][6] - Rising operating expenses may partially offset the gains from these improvements [3] Upcoming Events - CenterPoint Energy is set to release its third-quarter 2025 earnings on October 23, before the market opens, with performance influenced by ongoing investments in infrastructure upgrades [4]

Core Viewpoint - National Fuel Gas Company is acquiring CenterPoint Energy's Ohio Natural Gas Utility business, indicating a strategic expansion in the natural gas sector [2][3]. Group 1: Acquisition Details - The acquisition involves CenterPoint Energy's Ohio Natural Gas Utility business, which is expected to enhance National Fuel's operational footprint [2]. - A press release and investor presentation regarding the acquisition have been made available on the Investor Relations website [2]. Group 2: Conference Call Structure - The conference call features key executives from National Fuel Gas Company, including the President and CEO, and the Treasurer and CFO, who will provide insights into the acquisition [3]. - The call will conclude with a question-and-answer session, allowing for further clarification and discussion on the acquisition [3].