NYSE$CNP

Centerpoint Energy Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

CenterPoint Energy's Q3 2024 earnings were reported, with GAAP EPS at $0.30 and non-GAAP EPS at $0.31. The company reiterated its 2024 non-GAAP EPS guidance and initiated 2025 guidance.

CenterPoint Energy reported Q3 2024 GAAP earnings per share of $0.30 and non-GAAP EPS of $0.31. The company reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63 and initiated a 2025 non-GAAP EPS guidance range of $1.74-$1.76.

  • Reported Q3 2024 GAAP earnings per diluted share of $0.30.
  • Reported Q3 2024 non-GAAP earnings per diluted share of $0.31.
  • Reiterated 2024 non-GAAP EPS guidance range of $1.61-$1.63 per diluted share.
  • Initiated 2025 non-GAAP guidance range of $1.74-$1.76 per diluted share.

Headline financials

Total Revenue

$1.86B

Previous: $1.86B-0.2%
EPS

$0.30

Previous: $0.40-25.0%
Capital Expenditures

-$844M

Previous: -$1.06B+20.7%
Free Cash Flow

$193M

Previous: $282M-31.6%
Net Income

$193M

Previous: $282M-31.6%
Operating Income

$424M

Previous: $518M-18.1%
Gross Profit

$1.86B

Previous: $1.86B-0.2%
Cash & Equivalents

$112M

Previous: $120M-6.7%
Total Assets

$42.9B

Previous: $39B+10.0%

Revenue & EPS history

CenterPoint Energy · Revenue · Quarterly

$1.86B

Q3 2024-0.2%vs Q3 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

CenterPoint Energy · $1.97B total across 2 segments · Q4 2020

  • Natural Gas
    $1.1B
  • Electric
    $870M

Forward guidance

CenterPoint Energy has provided non-GAAP EPS guidance for 2024 and 2025. The 2024 non-GAAP EPS guidance range is $1.61-$1.63 per diluted share. The 2025 non-GAAP EPS guidance range is $1.74-$1.76 per diluted share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.0%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.2%

Avg return

30 days after

49%

36 / 73 earnings

Positive

+16.3%

Q1 2020

Best reaction

-6.6%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%+2.4%+1.7%
Q4 2025-0.2%+2.1%+0.2%
Q3 2025-1.1%-1.3%-1.2%
Q2 2025-0.5%-1.1%-1.0%
Q1 2025+1.6%+2.4%+0.6%
Q4 2024-0.1%+3.1%+6.6%
Q3 2024+0.4%-2.5%+11.4%
Q2 2024-4.9%-7.3%-7.2%
Q1 2024+0.3%+0.8%+1.8%
Q4 2023+1.4%+0.1%+0.4%
Q3 2023-2.8%-2.1%+1.7%
Q2 2023-3.5%-5.5%-9.6%
Q1 2023+0.4%-1.0%-6.6%
Q4 2022-0.5%-0.7%+0.0%
Q3 2022-1.7%-0.5%+8.5%
Q2 2022+0.2%-0.5%+1.0%
Q1 2022+3.7%+1.7%+6.2%
Q4 2021-0.5%+2.9%+11.9%
Q3 2021+1.4%+0.9%+2.5%
Q2 2021+3.0%+3.6%+0.9%
Q1 2021+0.9%-1.3%+4.6%
Q4 2020-6.6%-6.0%+5.6%
Q3 2020+6.0%+11.8%+6.0%
Q2 2020+7.3%+8.4%+4.5%
Q1 2020+16.3%+11.3%+14.2%
Q4 2019-4.4%-6.4%-51.5%
Q3 2019+0.0%-2.9%-13.0%
Q2 2019-3.6%-3.8%-1.2%
Q1 2019-2.6%-2.2%-5.4%
Q4 2018-3.2%-3.2%-1.5%
Q3 2018-0.7%-0.4%+0.2%
Q2 2018+0.6%+0.5%-1.1%
Q1 2018+4.9%+3.5%+1.1%
Q4 2017+5.7%+3.9%+1.0%
Q3 2017-0.1%+0.7%-0.7%
Q2 2017+1.3%+3.1%+5.2%
Q1 2017-0.4%-1.6%+3.2%
Q4 2016+3.4%+4.1%+2.7%
Q3 2016+4.8%+3.0%+6.9%
Q2 2016-3.8%-4.0%-4.1%
Q1 2016+1.5%
Q4 2015-2.7%
Q3 2015-6.5%
Q2 2015+1.1%
Q1 2015-3.3%
Q4 2014-3.6%
Q3 2014+1.2%
Q2 2014-0.3%
Q1 2014-1.9%
Q4 2013-2.6%
Q3 2013+1.9%
Q2 2013+1.2%
Q1 2013+0.0%
Q4 2012+3.5%
Q3 2012-5.1%
Q2 2012+1.2%
Q1 2012-0.8%
Q4 2011+4.5%
Q3 2011+0.3%
Q2 2011-4.0%
Q1 2011+0.4%
Q4 2010+1.6%
Q3 2010+0.9%
Q2 2010+2.4%
Q1 2009-3.2%
Q1 2010-3.2%
Q4 2007-3.5%
Q4 2009-3.5%
Q3 2008-0.9%
Q3 2009-0.9%
Q2 2009+0.3%
Q4 2008+0.3%
Q2 2008+0.3%

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