Xcel Energy (XEL) Tops Q1 EPS by 4c; Reaffirms FY EPS Outlook

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Xcel Energy First Quarter 2022 Earnings Report

April 28, 2022 6:05 AM EDT

First quarter GAAP diluted earnings per share were $0.70 in 2022 compared with $0.67 in 2021. Xcel Energy reaffirms 2022 EPS earnings guidance range of $3.10 to $3.20.

 

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2022 first quarter GAAP and ongoing earnings of $380 million, or $0.70 per share, compared with $362 million, or $0.67 per share in the same period in 2021.

Earnings reflect capital investment recovery and other regulatory outcomes, partially offset by higher depreciation, interest expense and operating and maintenance (O&M) expenses.

Xcel Energy achieved solid first... More