Xcel Energy (XEL) Reports In-Line Q1 EPS, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus

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Go back to Xcel Energy (XEL) Reports In-Line Q1 EPS, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus

Xcel Energy First Quarter 2019 Earnings Report

April 25, 2019 6:00 AM EDT

GAAP 2019 first quarter earnings per share were $0.61 compared with $0.57 per share in 2018. Xcel Energy reaffirms 2019 earnings guidance of $2.55 to $2.65.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2019 first quarter GAAP and ongoing earnings of $315 million, or $0.61 per share, compared with $291 million, or $0.57 per share in the same period in 2018.

Earnings reflect higher electric and natural gas margins due to regulatory rate outcomes and favorable weather which were partially offset by higher depreciation, operating and maintenance and interest expenses.... More