CenterPoint Energy (NYSE:CNP), a leading energy provider, today announced robust financial results for the first quarter of 2024.
During the quarter, the company reported an income available to common shareholders of $350 million, equivalent to $0.55 per diluted share on both a GAAP and non-GAAP basis.
This represents an increase from the $0.49 per diluted share reported in the same period of 2023.
The company also announced the filing of Houston Electric's Texas System Resiliency Plan, aiming for up to $500 million of incremental capital investment.
Following the quarter's performance, the company reiterated its 2024 non-GAAP EPS guidance range of $1.61-$1.63, representing an 8% growth over the full-year 2023 non-GAAP EPS.