Xcel Energy (XEL) Misses Q4 EPS by 1c, Revenues Beat; Reaffirms FY21 EPS Guidance Above Consensus

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Xcel Energy 2020 Year End Earnings Report

January 28, 2021 6:00 AM EST

2020 earnings per share were $2.79 compared with $2.64 per share in 2019. Xcel Energy reaffirms 2021 EPS earnings guidance of $2.90 to $3.00 per share.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2020 GAAP and ongoing earnings of $1.47 billion, or $2.79 per share, compared with $1.37 billion, or $2.64 per share in the same period in 2019.

Xcel Energy had a strong year despite the challenges brought on by COVID-19, said Ben Fowke, chairman and CEO. We achieved major milestones while keeping our employees and customers safe and... More