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Stock impact report

Xcel Energy First Quarter 2024 Earnings Report

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: Business Wire
First quarter GAAP and ongoing diluted earnings per share were $0.88 in 2024 compared with $0.76 in 2023.Xcel Energy reaffirms 2024 EPS guidance of $3.50 to $3.60 per share. MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 first quarter GAAP and ongoing earnings of $488 million, or $0.88 per share, compared with $418 million, or $0.76 per share in the same period in 2023.First quarter ongoing earnings results reflect increased recovery of infrastructure investments and lower O&M expenses, partially offset by increased interest charges and depreciation.“Our thoughts remain with the communities impacted by wildfires in the Texas Panhandle, an area we have served for more than 100 years,” said Bob Frenzel, chairman, president and CEO of Xcel Energy. “Like all energy companies, we are navigating changes in weather and climate-induced impacts on our operations. Wildfire mitigation and system resiliency will continue to be priorities going forward. We have Show less Read more
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