CNP - CenterPoint Non-GAAP EPS of $0.31 beats by $0.04; raises FY22 guidance
- CenterPoint press release ( NYSE: CNP ): Q2 Non-GAAP EPS of $0.31 beats by $0.04 .
- Outlook: Full year 2022 non-GAAP EPS guidance increased to $1.37-$1.39 vs. consensus of $1.37, representing an increase of 9% at the midpoint compared to full year 2021
- From this higher $1.37-$1.39 guidance, CNP is reaffirming industry leading non-GAAP EPS growth of 8% annually for 2023 and 2024 and mid to high-end of the 6-8% annually range from 2025 through 2030.
- Capital spending on track for year with ~$2 billion invested as of the end of Q2 for the benefit of customers.
- Continued 30-year trend of at least 2% average annual customer growth in Houston area supporting customer affordability.
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CenterPoint Non-GAAP EPS of $0.31 beats by $0.04; raises FY22 guidance