CenterPoint Energy Q3 Earnings Beat Estimates, Revenues Improve Y/Y

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CenterPoint Energy Q3 Earnings Beat Estimates, Revenues Improve Y/Y

CenterPoint Energy, Inc. CNP reported third-quarter 2026 adjusted earnings of 53 cents per share, which surpassed the Zacks Consensus Estimate of 50 cents by 6%. The bottom line also increased 6% from the year-ago quarter’s figure of 50 cents.

The company’s GAAP earnings were 50 cents per share, which increased 11.1% from the prior-year quarter’s figure of 45 cents.

CNP’s Revenues

CNP generated revenues of $2.19 billion, which beat the Zacks Consensus Estimate by 1.9%. The top line also came in 10.2% higher than the year-ago quarter’s reported figure of $1.99 billion.

CenterPoint Energy, Inc. Price, Consensus and EPS Surprise

CenterPoint Energy, Inc. Price, Consensus and EPS Surprise

CenterPoint Energy, Inc. price-consensus-eps-surprise-chart | CenterPoint Energy, Inc. Quote

CNP’s Operational Results

In the third quarter of 2026, total expenses increased 2.6% year over year to $1.52 billion.

The company reported operating income of $667 million during the third quarter compared with $502 million in the prior year.

Interest expenses and other finance charges totaled $259 million, up 8.8% from $238 million recorded in the previous year.

CNP’s Financial Condition

As of Sept. 30, 2026, CenterPoint Energy had cash and cash equivalents of $132 million compared with $38 million as of Dec. 31, 2025.

Total long-term debt, net, was $23.68 billion as of Sept. 30, 2026, compared with $20.57 billion as of Dec. 31, 2025.

Net cash flow from operating activities amounted to $2.05 billion for the nine months ended Sept. 30, 2026, compared with $1.71 billion in the year-ago period.

Total capital expenditures were $4.17 billion for the nine months ended Sept. 30, 2026, compared with $3.39 billion in the prior-year period.

CNP’s 2026 Guidance

CenterPoint Energy raised its adjusted earnings per share guidance for 2026 to $1.90-$1.92 from its previous range of $1.89-$1.91. The Zacks Consensus Estimate for 2026 earnings is pegged at $1.91 per share, which is in line with the midpoint of the company’s guided range.

CNP’s Zacks Rank

CNP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Utility Releases

Xcel Energy Inc. XEL is slated to report its third-quarter 2026 results on Oct. 29, before market open.

The Zacks Consensus Estimate for second-quarter sales is pegged at $4.15 billion, which implies a 5.9% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $1.39 per share.

Duke Energy DUK is scheduled to report its third-quarter 2026 results on Nov. 5, before market open.

The consensus estimate for sales is pegged at $8.90 billion, which indicates a 4.2% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $1.87 per share.

Consolidated Edison ED is scheduled to report its third-quarter 2026 results on Nov. 5, after market close.

The Zacks Consensus Estimate for sales is pegged at $4.77 billion, which indicates a 5.2% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at $2.07 per share.

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CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report
 
Xcel Energy Inc. (XEL): Free Stock Analysis Report
 
Duke Energy Corporation (DUK): Free Stock Analysis Report
 
Consolidated Edison Inc (ED): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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