Xcel Energy (XEL) Misses Q1 EPS by 4c, Revenues Miss; Offers FY20 EPS Mid-Point Guidance Above Consensus
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Xcel Energy First Quarter 2020 Earnings Report
May 7, 2020 6:00 AM EDTGAAP 2020 first quarter earnings per share were $0.56 compared with $0.61 per share in 2019. Xcel Energy reaffirms 2020 EPS earnings guidance of $2.73 to $2.83 per share, which assumes the implementation of contingency plans will be sufficient to offset the negative impacts of the COVID-19 pandemic under the base case scenario. For additional information, see Notes 5 and 6.
MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2020 first quarter GAAP and ongoing earnings of $295 million, or $0.56 per share, compared with $315 million, or $0.61 per share in the same period in 2019.
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