Xcel Energy Second Quarter 2020 Earnings Report

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Xcel Energy (XEL) Tops Q2 EPS by 6c, Revenues Miss; Offers FY20 EPS Mid-Point Guidance Above Consensus

July 30, 2020 6:11 AM EDT

Xcel Energy (NASDAQ: XEL) reported Q2 EPS of $0.54, $0.06 better than the analyst estimate of $0.48. Revenue for the quarter came in at $2.59 billion versus the consensus estimate of $2.66 billion.

GAAP 2020 second quarter earnings per share were $0.54 compared with $0.46 per share in 2019.Xcel Energy reaffirms 2020 EPS earnings guidance of $2.73 to $2.83 per share, which assumes the continued implementation of contingency plans will be... More