Xcel Energy (XEL) Tops Q3 EPS by 3c; Narrows Outlook

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Go back to Xcel Energy (XEL) Tops Q3 EPS by 3c; Narrows Outlook

Xcel Energy Third Quarter 2016 Earnings Report

October 27, 2016 6:01 AM EDT

GAAP (generally accepted accounting principles) and ongoing 2016 third quarter earnings per share were $0.90 compared with $0.84 per share in 2015. Xcel Energy is narrowing its 2016 ongoing earnings guidance range to $2.17 to $2.22, compared to the previous range of $2.12 to $2.27 per share. Xcel Energy initiates 2017 ongoing earnings guidance of $2.25 to $2.35 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NYSE: XEL) today reported 2016 third quarter GAAP and ongoing earnings of $458 million, or $0.90 per share, compared with $426 million, or $0.84 per share, in the same period... More