Xcel Energy (XEL) Misses Q2 EPS by 1c

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Go back to Xcel Energy (XEL) Misses Q2 EPS by 1c

Xcel Energy Second Quarter 2016 Earnings Report

August 3, 2016 6:00 AM EDT

GAAP (generally accepted accounting principles) and ongoing 2016 second quarter earnings per share were $0.39 compared with $0.39 per share in 2015. Xcel Energy reaffirms 2016 ongoing earnings guidance of $2.12 to $2.27 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NYSE: XEL) today reported 2016 second quarter GAAP and ongoing earnings of $197 million, or $0.39 per share, compared with $197 million, or $0.39 per share, in the same period in 2015.

Higher electric and gas margins in the second quarter of 2016 were primarily due to higher retail electric and natural gas rates across... More