Xcel Energy (XEL) Tops Q4 EPS by 1c; Reaffirms

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Go back to Xcel Energy (XEL) Tops Q4 EPS by 1c; Reaffirms

Xcel Energy 2016 Year End Earnings Report

February 2, 2017 6:00 AM EST

GAAP 2016 earnings per share were $2.21 compared with $1.94 per share in 2015. Ongoing 2016 earnings per share were $2.21 compared with $2.09 per share in 2015. Xcel Energy reaffirms 2017 earnings guidance of $2.25 to $2.35 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NYSE: XEL) today reported 2016 GAAP and ongoing earnings of $1,123 million, or $2.21 per share, compared with GAAP earnings of $984 million, or $1.94 per share, and ongoing earnings of $1,064 million, or $2.09 per share, in 2015.

Increases in electric and natural gas margins were primarily driven by... More