Xcel Energy (XEL) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Guidance

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Xcel Energy 2018 Year End Earnings Report

January 31, 2019 6:00 AM EST

GAAP 2018 earnings per share were $2.47 compared with $2.25 per share in 2017. Ongoing 2018 earnings per share were $2.47 compared with $2.30 per share in 2017. Xcel Energy reaffirms 2019 earnings guidance of $2.55 to $2.65 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2018 GAAP and ongoing earnings of $1,261 million, or $2.47 per share, compared with GAAP earnings of $1,148 million or $2.25 per share and ongoing earnings of $1,171 million or $2.30 per share in 2017.

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