CenterPoint Energy reports Q2 non-GAAP EPS 28c, consensus 27c

“We are pleased to report another quarter of continued execution as we strive to deliver sustainable earnings growth each and every year at an industry leading rate through 2030.” said Dave Lesar, CEO. “This management team continues to execute even during times of continued headwinds from higher interest expense, persistent inflation, and extreme weather events.””And, along with this execution, we continue to focus on incremental opportunities to invest in safety, resiliency, and reliability across all our jurisdictions to benefit our customers for many years to come. In this quarter alone, we raised our 2023 capital spending plans by over 11%. We continue to feel confident in our ability to identify opportunities well beyond our remaining $2.6 billion of potential incremental capital.”