CenterPoint earnings rose in the third quarter of 2026, with GAAP diluted earnings per share of $0.50, up from $0.45 a year earlier. The utility also raised its full-year non-GAAP earnings guidance and expanded its 10-year capital investment plan.

Key Takeaways

  • Third-quarter net income was $331 million, while non-GAAP earnings per share rose to $0.53 from $0.50.
  • CenterPoint raised its 2026 non-GAAP earnings outlook to $1.90–$1.92 per share.
  • The company added $4 billion to its 10-year capital investment plan, bringing it to $70.7 billion.

CenterPoint earnings increase in the third quarter

CenterPoint reported its results on October 27, 2026. GAAP diluted earnings per share of $0.50 exceeded the cited analyst estimate of $0.44, although the accounting basis of that estimate was not specified.

Growth and rate recovery contributed an additional $0.09 per share compared with the third quarter of 2025. Higher financing expenses and equity dilution offset $0.04 per share, while the absence of a prior-year one-time tax benefit produced a further $0.05 unfavorable variance.

Guidance and investment plans

The revised 2026 non-GAAP earnings guidance is a forecast rather than a completed result. For 2027, CenterPoint anticipates non-GAAP earnings of $2.07–$2.09 per share.

The $70.7 billion capital investment plan includes $1.5 billion shifted into its first five years to meet rising customer demand. The company is targeting compound annual growth of more than 14% in its rate base through 2030.

Houston growth and utility operations

Chair and Chief Executive Jason Wells said CenterPoint continues to see accelerated growth opportunities in Greater Houston, including a pipeline of customer-driven investments.

CenterPoint operates regulated electric and natural gas utilities, primarily in the Houston metropolitan area and parts of southern Indiana. As of September 30, 2026, it had approximately $49.5 billion in assets and served nearly 7 million metered customers.

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