Markets XEL

Xcel Energy Inc Q2 Profit Climbs

(RTTNews) - Xcel Energy Inc (XEL) released earnings for its second quarter that Increases, from the same period last year

The company's earnings came in at $586 million, or $0.93 per share. This compares with $444 million, or $0.75 per share, last year.

Excluding items, Xcel Energy Inc reported adjusted earnings of $589 million or $0.93 per share for the period.

The company's revenue for the period fell 5.1% to $3.119 billion from $3.287 billion last year.

Xcel Energy Inc earnings at a glance (GAAP) :

-Earnings: $586 Mln. vs. $444 Mln. last year. -EPS: $0.93 vs. $0.75 last year. -Revenue: $3.119 Bln vs. $3.287 Bln last year.

-Guidance: Full year EPS guidance: $ 4.04 To $ 4.16

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available