Xcel Energy (XEL) Tops Q2 EPS by 5c, Revenues Beat; Boosts FY18 EPS Outlook

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Go back to Xcel Energy (XEL) Tops Q2 EPS by 5c, Revenues Beat; Boosts FY18 EPS Outlook

Xcel Energy Second Quarter 2018 Earnings Report

July 26, 2018 6:00 AM EDT

GAAP and ongoing 2018 second quarter earnings per share were $0.52 compared with $0.45 per share in 2017. Xcel Energy revised upward its 2018 guidance range to $2.41 to $2.51 per share from its previous 2018 guidance range of $2.37 to $2.47 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2018 second quarter GAAP and ongoing earnings of $265 million, or $0.52 per share, compared with $227 million, or $0.45 per share in the same period in 2017.

GAAP and ongoing earnings were higher as a result of increased electric and... More