CenterPoint Energy, Inc. (NYSE:CNP) Q1 2024 Earnings Conference Call April 29, 2024 8:00 AM ET

Company Participants

Jackie Richert - Senior Vice President, Corporate Planning, Investor Relations and Trustees
Jason Wells - Chief Executive Officer
Chris Foster - Chief Financial Officer

Conference Call Participants

Constantine Lednev - Guggenheim Partners
James Thalacker - BMO Capital Markets
Steve Fleishman - Wolfe Research
Nick Campanella - Barclays
Jeremy Tonet - JPMorgan Securities
Durgesh Chopra - Evercore

Operator

Good morning. And welcome to CenterPoint Energy First Quarter 2024 Earnings Conference Call with Senior Management. During the company’s prepared remarks, all participants will be in a listen-only mode. There will be a question-and-answer session after management’s remarks. [Operator Instructions]

I will now turn the call over to Jackie Richert, Senior Vice President of Corporate Planning, Investor Relations and Trustees. Ms. Richert, you may begin.

Jackie Richert

Good morning. And welcome to CenterPoint Energy’s first quarter 2024 earnings conference call. Jason Wells, our CEO; and Chris Foster, our CFO, will discuss the company’s first quarter 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 or uncertainties. Actual results could differ materially based upon various factors as noted in our Form 10-Q, 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 use the non-GAAP EPS measure of diluted adjusted earnings per share on a consolidated basis referred to as non-GAAP EPS.

For information on our guidance methodology and a reconciliation of the non-GAAP measures used in providing guidance, please refer to our news release and presentation on our website. We will use our website to announce material information. This call is being recorded. Information on how to access the replay can be found on our website.

Now, I’d like to turn the call over to Jason.

Jason Wells

Thank you, Jackie, and good morning, everyone. As many of you likely saw from this morning’s earnings release, we are off to a strong start in 2024 despite the mild weather and the general trend of higher for longer interest rate environment our sector has experienced.

This quarter is yet another illustration of why we believe we have one of the most tangible long-term growth plans in the industry, which we plan to consistently execute and thoughtfully enhance for the benefit of all of our stakeholders.