Xcel Energy (XEL) Misses Q3 EPS by 4c; Narrows FY EPS Outlook

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Xcel Energy Third Quarter 2021 Earnings Report

October 28, 2021 6:00 AM EDT

Third quarter GAAP diluted earnings per share were $1.13 in 2021 compared with $1.14 in 2020. Year-to-date GAAP diluted earnings per share for 2021 were $2.38 compared with $2.25 in 2020. Xcel Energy narrows its 2021 EPS earnings guidance range to $2.94 to $2.98 from $2.90 to $3.00. Xcel Energy initiates 2022 EPS earnings guidance of $3.10 to $3.20.

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2021 third quarter GAAP and ongoing earnings of $609 million, or $1.13 per share, compared with $603 million, or $1.14 per share in the same period in 2020.

Earnings reflect higher electric and natural gas... More