Xcel Energy (XEL) Reports In-Line Q2 EPS

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Xcel Energy Second Quarter 2022 Earnings Report

July 28, 2022 6:00 AM EDT

Second quarter GAAP diluted earnings per share were $0.60 in 2022 compared with $0.58 in 2021. Xcel Energy reaffirms 2022 EPS earnings guidance range of $3.10 to $3.20.

MINNEAPOLISMINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2022 second quarter GAAP and ongoing earnings of $328 million, or $0.60 per share, compared with $311 million, or $0.58 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.

We had a solid quarter and as a result we are... More