Earnings release
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● CenterPoint® Energy For more information contact Media : Communications Media . Relations@CenterPointEnergy.com Investors : Philip Holder / Jackie Richert Phone 713.207.6500 CenterPoint Energy reports strong Q2 2021 earnings results Q2 2021 earnings of $ 0.37 per diluted share ; $ 0.36 per diluted share on a non - GAAP basis , including results from utility operations of $ 0.28 per diluted share Raising 2021 Utility EPS guidance ( “ Utility EPS ” ) range to $ 1.25 - $ 1.27 and reiterating 6 % - 8 % Utility EPS 5 - year annual growth rate target On path to deliver 10 % compound annual rate base growth over 5 years through $ 16 billion 5 - year capital plan , with additional investment opportunities from recent Texas legislative session CenterPoint to host an Analyst Day on September 23rd in Houston , Texas Houston - August 5 , 2021 - CenterPoint Energy , Inc. ( NYSE : CNP ) today reported income available to common shareholders of $ 221 million , or $ 0.37 per diluted share , for the second quarter of 2021 , compared to income available to common shareholders of $ 59 million , or $ 0.11 per diluted share , for the second quarter of 2020 . On a non - GAAP basis , second quarter 2021 earnings were $ 0.36 per diluted share , with $ 0.28 per diluted share from utility operations , and $ 0.08 per diluted share from midstream investments . This compared to $ 0.18 per diluted share from utility operations and $ 0.03 per diluted share from midstream investments in second quarter 2020. Both quarters included some one - time drivers . The second quarter 2020 Utility EPS included an unfavorable COVID related impact of $ 0.06 , while the second quarter 2021 Utility EPS included a favorable income tax benefit of $ 0.03 . Other notable variances in Utility EPS for the quarter included $ 0.04 of favorable variance from organic growth and rate recovery , which was partially offset by a $ 0.02 impact attributable to the May 2020 equity issuance . " CenterPoint's six - month financial performance in 2021 has been strong , " said Dave Lesar , President and Chief Executive Officer of CenterPoint Energy . " We are raising our 2021 Utility EPS guidance range to $ 1.25- $ 1.27 per diluted share . This projected 8 % growth in 2021 Utility EPS would put us at the high - end of our 6 to 8 % Utility EPS annual growth target . " --more- Lesar added , " Regarding our capital investments , we have invested approximately $ 1.5 billion for the first six months of this year and are on track to invest approximately $ 3.4 billion for the full year 2021. These projects will add to the safety and reliability of our system for the benefit of our customers and our investors . Additionally , we now have better line of sight to additional capital investment opportunities beyond the 5 - year , $ 16 billion investment plan we previously announced , including opportunities from the recent Texas legislative session . " " While we are keen to discuss CenterPoint's great future , we are planning to discuss exciting longer - term strategy updates at our Analyst Day which will take place on September 23rd here in Houston . Through this forum , we plan