Xcel Energy Inc Announces Rise In Q3 Earnings

(RTTNews) - Xcel Energy Inc (XEL) reported a profit for its third quarter that rose from the same period last year.

The company's earnings totaled $527 million, or $1.01 per share. This compares with $491 million, or $0.96 per share, in last year's third quarter.

The company's revenue for the quarter fell 1.3% to $3.01 billion from $3.05 billion last year.

Xcel Energy Inc earnings at a glance:

-Earnings (Q3): $527 Mln. vs. $491 Mln. last year. -EPS (Q3): $1.01 vs. $0.96 last year. -Revenue (Q3): $3.01 Bln vs. $3.05 Bln last year.

-Guidance: Full year EPS guidance: $2.60 to $2.65

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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