Core Insights - CenterPoint Energy, Inc. reported second-quarter 2025 adjusted earnings of 29 cents per share, missing the Zacks Consensus Estimate of 34 cents by 14.7% and declining 19.4% from the previous year's figure of 36 cents [1][9] - The decline in earnings was attributed to unfavorable timing of recoveries from interim capital mechanisms, increased financing costs, and higher operating and maintenance expenses [1][9] Revenue Performance - CenterPoint Energy generated revenues of $1.94 billion, slightly exceeding the Zacks Consensus Estimate and representing a 2% increase from the year-ago quarter's revenue of $1.91 billion [3] Operational Results - Total expenses for the second quarter increased by 6.2% year over year to $1.53 billion [4] - The company reported an operating income of $417 million, down from $467 million in the prior year [4] - Interest expenses and other finance charges totaled $191 million, a decrease of 9.9% from $212 million recorded in the previous year [4] Financial Condition - As of June 30, 2025, CenterPoint Energy had cash and cash equivalents of $93 million, up from $24 million as of December 31, 2024 [5] - The total long-term debt was $20.56 billion, slightly increasing from $20.40 billion as of December 31, 2024 [5] - Net cash flow from operating activities was $0.97 billion, down from $1.11 billion in the year-ago period [5] Capital Expenditure - Total capital expenditure reached $2.17 billion as of June 30, 2025, compared to $1.66 billion in the prior year [6] 2025 Guidance - CenterPoint Energy reaffirmed its 2025 earnings guidance, expecting adjusted earnings per share in the range of $1.74-$1.76, aligning with the Zacks Consensus Estimate of $1.75 per share [7][9]

Key Takeaways AEP is set to report Q2 results on July 30, with expected sales of $4.76B and EPS of $1.16.Warmer weather, rate hikes and retail growth likely supported AEP's top-line performance.Storm-related outages and rising operating costs may have pressured AEP's Q2 earnings.American Electric Power Company, Inc. ((AEP) is slated to release second-quarter 2025 results on July 30, before market open.The company delivered an earnings surprise of 10.79% in the last quarter. Moreover, American Electric has a ...

The market expects Xcel Energy (XEL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Financial Data and Key Metrics Changes - The company reported diluted earnings per share (EPS) of $0.30 on a GAAP basis and $0.29 on a non-GAAP basis for Q2 2025, compared to $0.36 in Q2 2024 [25][4][7] - The non-GAAP EPS results for Q2 2025 reflect a 19% decrease year-over-year, primarily due to the timing of capital recovery mechanisms [25][26] - The company reaffirmed its 2025 non-GAAP EPS guidance range of $1.74 to $1.76, indicating an 8% growth at the midpoint from the 2024 non-GAAP EPS of $1.62 [9][42] Business Line Data and Key Metrics Changes - The Houston Electric Service territory is experiencing strong load growth, with a forecasted peak load increase of 10 gigawatts by 2031, representing nearly a 50% increase in peak demand [10][11] - Year-over-year sales trends show an 8% increase in weather-normalized commercial and industrial sales for the first half of 2025 compared to the same period in 2024 [11] Market Data and Key Metrics Changes - The load interconnection queue has grown by 6 gigawatts, or more than 12%, since the first quarter call, driven by diverse economic activities including data centers and advanced manufacturing [10][11] - The company anticipates a significant increase in capital expenditures, with a total capital investment plan now at $53 billion through 2030, reflecting a $5.5 billion increase this year [21][35] Company Strategy and Development Direction - The company plans to focus more on Texas jurisdictions, with the proposed sale of its Ohio gas business aimed at reallocating nearly $1 billion of capital expenditures to support Texas operations [13][14] - The company is committed to enhancing its electric transmission system to accommodate forecasted load growth and has identified approximately 200 projects to execute over the next ten years [18][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth prospects, citing strong economic drivers in the Houston Electric Service territory and a favorable regulatory environment [10][12] - The company expects to improve its operating cash flow, which will help fund capital investments without the need for additional common equity [41][42] Other Important Information - The company has made significant progress in regulatory filings, including a proposed settlement in its Ohio gas rate case and a distribution system resiliency investment plan totaling $3.2 billion over the next three years [30][29] - The company is exploring efficient financing options to support its growth, including the proposed sale of its Ohio gas LDC and forward sales of common equity [37][39] Q&A Session Summary Question: Timeline and expectations for the Barrow cost recovery proceeding - Management is on track with mediated sessions and hearings scheduled for next Thursday, aiming for a potential settlement framework [51][52] Question: Details on the six gigawatts load growth - Approximately two-thirds of the increase relates to data center activity, with demand expected for interconnections in late 2026 to 2028 [53][54] Question: Duration of the drag from mobile generation assets - The drag is expected to last until late 2026 or early 2027, after which these assets will become a tailwind for the company [56] Question: Capital investment plan and equity funding - The company anticipates an upward bias in capital expenditures without the need for additional common equity, with a focus on long-term growth [62][66] Question: Update on the gas LDC sale process - The company aims to announce progress on the sale by the end of the year, with a closing expected about a year later [92][93] Question: Opportunities in data centers in Indiana - The company continues to have productive discussions regarding new data center demand in Indiana, leveraging its excess capacity [94][95]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share (EPS) of $0.30 on a GAAP basis and $0.29 on a non-GAAP basis for Q2 2025, compared to $0.36 in Q2 2024, indicating a decline in non-GAAP EPS year-over-year [23][6][41] - The company reaffirmed its 2025 non-GAAP EPS guidance range of $1.74 to $1.76, representing an 8% growth at the midpoint from the 2024 non-GAAP EPS of $1.62 [7][41] - The company is approximately 46% of the way to the midpoint of its full-year earnings guidance range for 2025 [6] Business Line Data and Key Metrics Changes - The Houston Electric Service territory is experiencing strong load growth, with a forecasted peak load increase of 10 gigawatts by 2031, representing nearly a 50% increase in peak demand [8][10] - Year-over-year sales trends show an 8% increase in weather-normalized commercial and industrial sales for the first half of 2025 compared to the same period in 2024 [10] Market Data and Key Metrics Changes - The load interconnection queue has grown by 6 gigawatts, or more than 12%, since the first quarter call, driven by diverse economic activities including data centers and advanced manufacturing [9][10] - The company anticipates that the sale of its Ohio gas business will allow for the reprioritization of nearly $1 billion in capital expenditures to support Texas jurisdictions [13] Company Strategy and Development Direction - The company announced a $500 million increase to its capital investment plan for 2025, bringing the total capital investment plan to $5.5 billion for the year, which will be funded without issuing additional common equity [6][15] - The strategic focus is shifting more towards Texas, with the expectation that Texas will constitute over 70% of the company's portfolio after the sale of the Ohio gas business [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth prospects, citing strong economic drivers in the Houston Electric Service territory and the need for significant investments in the electric transmission system [11][20] - The company expects to see a 5% improvement in operating cash flow beginning next year, which will help fund capital investments [39] Other Important Information - The company has identified approximately 200 projects to execute over the next ten years to support the anticipated load growth [16] - The proposed settlement in the Ohio gas rate case includes a revenue requirement increase of $59.6 million [28] Q&A Session Summary Question: Timeline and expectations for the Barrow cost recovery proceeding - Management is on track and had mediated sessions to seek a potential settlement framework, with hearings scheduled for next Thursday [50] Question: Details on the six gigawatts load growth - Approximately two-thirds of the increase relates to data center activity, with demand expected for interconnections in late 2026 to 2028 [52] Question: Duration of drag from mobile generation assets - The drag in earnings is expected to last until late 2026 or early 2027, after which these assets will become a tailwind for the company [55] Question: Capital investment plan and equity funding - Management indicated an upward bias towards capital expenditures through the remainder of the decade, with potential for funding without additional common equity [61][65] Question: Update on the Ohio gas LDC sale process - The company aims to announce progress towards the end of the calendar year, with a closing expected about a year later [91] Question: Impact of SB six on interconnection interest - There has been no change in the velocity of interconnection requests despite questions around cost allocation [74] Question: Houston revitalization project alignment with city efforts - The project involves burying the interstate system around downtown Houston, allowing for significant redevelopment opportunities [76] Question: Magnitude of future capital increases without equity - Management indicated flexibility in capital spending, with potential for increases beyond the $500 million announced [86]

Cautionary Statement and Other Disclaimer 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 faith by CenterPoint Energy, Inc. ("CenterPoint Energy" or th ...

Fingrid’s consolidated financial statements have been compiled in accordance with the International Financial Reporting Standards (IFRS). This half-year report has been drawn up in accordance with the IAS 34 Interim Financial Reporting standard and complies with the same basis for preparation as those presented in the Group’s financial statements for 2024. This half-year report is unaudited. Unless otherwise indicated, the figures in parentheses refer to the same period of the previous year. The transmissio ...

Core Points - FirstEnergy Corp. declared a quarterly dividend of $0.445 per share, payable on September 1, 2025, to shareholders of record by August 7, 2025 [1] - The company anticipates total dividends of $1.78 per share for 2025, representing an increase of over 11% from the $1.70 per share declared in 2024 [2] - FirstEnergy serves more than six million customers across several states and operates approximately 24,000 miles of transmission lines [3] Company Overview - FirstEnergy is committed to integrity, safety, reliability, and operational excellence [3] - The company is one of the largest investor-owned electric systems in the U.S., with a significant presence in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York [3] - The company operates electric distribution and transmission subsidiaries that connect the Midwest and Mid-Atlantic regions [3]

Core Insights - CenterPoint Energy has achieved a significant reduction in electric service outage minutes, with a decrease of approximately 45% through June 30, 2025, compared to the same period in 2024 [1][4] - The company has implemented a series of resiliency actions as part of its Greater Houston Resiliency Initiative (GHRI) to enhance the reliability of its electric system [1][3] Reliability Improvements - Customers in the Greater Houston area experienced over 20 million fewer outage minutes per month, reflecting a 45% reduction in the duration of outages for individual customers [4] - Year-to-date outage minutes have decreased by 41 million compared to the five-year average since 2020 [4] Vegetation-Related Outages - There has been a 33% reduction in outages related to trees, branches, and other vegetation contacting electrical equipment compared to the same time period in 2024 [2][4] Investment and Future Plans - CenterPoint has committed to a $3.2 billion Systemwide Resiliency Plan (SRP) aimed at improving resiliency against extreme weather and reducing outages by nearly 1 billion minutes by 2029 [5] - The company is focused on building the most resilient coastal grid in the country through ongoing long-term investments [5] Actions Taken - Key actions include the installation of over 32,000 stronger, storm-resilient poles, clearing hazardous vegetation near more than 7,000 miles of power lines, and installing over 5,150 automation devices capable of self-healing [8]

While quarterly results were up, the stock dropped today. Why?NextEra Energy (NEE -6.11%) just reported a very strong second quarter. Adjusted earnings per share jumped more than 9% year over year. Yet shares in the company are sinking today. NextEra stock was down by 6.3% as of 12:35 p.m. ET.A solid quarterly earnings report, along with a subsequent plunge in the stock, is a combination that should make investors wonder whether opportunity is knocking. NextEra may be one of those opportunities, and there's ...