CenterPoint Energy, Inc. (CNP) Q4 2022 Earnings Call Transcript

CenterPoint Energy, Inc. (NYSE:CNP) Q4 2022 Earnings Conference Call February 17, 2023 8:00 AM ET

Company Participants

Jackie Richert - Vice President, Investor Relations and Treasurer

David Lesar - Chief Executive Officer

Jason Wells - President & Chief Operating Officer

Conference Call Participants

Shahriar Pourreza - Guggenheim Partners

Nick Campanella - Credit Suisse

Steve Fleishman - Wolfe Research

Jeremy Tonet - JPMorgan

Durgesh Chopra - Evercore ISI

Operator

Good morning, and welcome to CenterPoint Energy's Fourth Quarter 2022 Earnings Conference Call with senior management. [Operator Instructions]

I will now turn the call over to Jackie Richert, Vice President of Investor Relations and Treasurer. Ms. Richert?

Jackie Richert

Good morning, everyone. Welcome to CenterPoint's earnings conference call. Dave Lesar, our CEO; and Jason Wells, our COO, will discuss the company's fourth quarter and full year 2022 results. Management will discuss certain topics that will contain projections and other forward-looking information and statements that are based on management's beliefs, assumptions and information currently available to management. These forward-looking statements are subject to risks and uncertainties. Actual results could differ materially based upon various factors as noted in our Form 10-K, other SEC filings and our earnings materials. We undertake no obligation to revise or update publicly any forward-looking statements.

We will be discussing certain non-GAAP measures on today's call. When providing guidance, we used a non-GAAP EPS measure of adjusted diluted earnings per share on a consolidated basis referred to as non-GAAP EPS. For information on our guidance methodology and reconciliation of our non-GAAP measures used in providing guidance, please refer to our earnings news release and presentation, both of which can be found under the Investors section on our website. As a reminder, we use our website to announce material information. This call is being recorded. Information on how to access the replay can be found on the website.

Now I'd like to turn the discussion over to Dave.

David Lesar

Thank you, Jackie. Good morning, and thank you to everyone joining us for our fourth quarter 2022 earnings call. It's been nearly 2.5 years since I was appointed CEO here at CenterPoint. They have certainly been eventful, and I am pleased with the significant amount of progress that we have made to managing through a global pandemic, to operating through historically extreme weather, to now navigating the highest rate of inflation the U.S. has seen in the last four decades.