Xcel Energy (XEL) Reports Q2 EPS of $0.45; Reaffirms

Go back to Xcel Energy (XEL) Reports Q2 EPS of $0.45; Reaffirms

Xcel Energy Second Quarter 2017 Earnings Report

July 27, 2017 6:00 AM EDT

GAAP and ongoing 2017 second quarter earnings per share were $0.45 compared with $0.39 per share in 2016. Xcel Energy reaffirms 2017 GAAP and ongoing earnings guidance of $2.25 to $2.35 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NYSE: XEL) today reported 2017 second quarter GAAP and ongoing earnings of $227 million, or $0.45 per share, compared with $197 million, or $0.39 per share, in the same period in 2016.

Earnings for the second quarter of 2017 increased due to higher electric and natural gas margins to recover infrastructure investments, along with a lower effective tax rate and lower... More