CenterPoint Raises Full‑Year Guidance on Texas Demand
CenterPoint Raises Full‑Year Guidance on Texas Demand

CenterPoint Raises Full‑Year Guidance on Texas Demand

News summary

CenterPoint Energy raised its full-year adjusted EPS guidance to $1.75–$1.77 and initiated 2026 guidance of $1.89–$1.91, citing stronger electric demand—particularly in Texas. The company expanded its 10-year investment plan to $65 billion (about a 40% increase from its 2021 plan) and said electric peak load demand is expected to climb nearly 50% by 2031. The guidance boost sent CenterPoint shares higher, including about a 7% after-hours move and recent gains toward the stock's 52-week high. CSX Corp. rallied and CMS Energy also advanced amid a broadly positive market session as investors reacted to company guidance and broader market momentum.

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Left 67%
Center 33%
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4
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Center
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Unrated
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Last Updated
12 days ago
Bias Distribution
67% Left
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