CenterPoint Energy, Inc. reported net income of $198 million, or $0.30 per diluted share on a GAAP basis, for the second quarter of 2025. Non-GAAP EPS for Q2 2025 was $0.29, compared to $0.36 for the comparable quarter of 2024.
These results include an unfavorable variance of $0.01 per share attributable to growth and rate recovery, driven by the timing of recoveries from interim capital mechanisms. Additional unfavorable items include increased financing costs of $0.03 per share and increased operating and maintenance expense of $0.03 per share, partially offset by favorable weather and usage contributing $0.01 per share.
The company reiterated its 2025 full-year guidance and increased its 10-year capital investment plan by an additional $500 million, bringing the total increase this year to $5.5 billion. CenterPoint noted that customers experienced nearly 50% less outage minutes in Houston during the first six months of 2025 compared to 2024, attributed to the Greater Houston Resiliency Initiative.
Management anticipates an upward bias towards further investment opportunities not yet reflected in the current plan, supported by efficient financing and a lighter regulatory calendar. A refreshed 10-year plan is expected to be shared by the end of September.
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