Xcel Energy Second Quarter 2019 Earnings Report
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: Business Wire
GAAP 2019 second quarter earnings per share were $0.46 compared with $0.52 per share in 2018.Xcel Energy reaffirms 2019 earnings guidance of $2.55 to $2.65 per share. MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2019 second quarter GAAP and ongoing earnings of $238 million, or $0.46 per share, compared with $265 million, or $0.52 per share in the same period in 2018.Earnings reflect higher electric and natural gas margins primarily due to non-fuel riders and regulatory rate outcomes, more than offset by 5 cents per share of unfavorable weather, increased depreciation, interest and operating and maintenance expenses.“Despite the milder than normal weather in the second quarter, Xcel Energy’s year-to-date earnings are on track and we are well-positioned to deliver earnings within our guidance range for the year,” said Ben Fowke, chairman, president and CEO of Xcel Energy.“I am pleased that we have filed our Upper Midwest Resource Plan, which is another
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XEL
News
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XEL
Earnings
- 10/31/24 - Miss
XEL
Sec Filings
- 11/7/24 - Form 8-K
- 11/5/24 - Form 8-K
- 11/5/24 - Form 424B2
- XEL's page on the SEC website