Xcel Energy (XEL) Tops Q2 EPS by 6c, Revenues Miss; Offers FY20 EPS Mid-Point Guidance Above Consensus
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Xcel Energy Second Quarter 2020 Earnings Report
July 30, 2020 6:00 AM EDTGAAP 2020 second quarter earnings per share were $0.54 compared with $0.46 per share in 2019. Xcel Energy reaffirms 2020 EPS earnings guidance of $2.73 to $2.83 per share, which assumes the continued implementation of contingency plans will be sufficient to offset the negative impacts of the COVID-19 pandemic under our base case scenario. For additional information, see Notes 5 and 6.
MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy Inc. (NASDAQ: XEL) today reported 2020 second quarter GAAP and ongoing earnings of $287 million, or $0.54 per share, compared with $238 million, or $0.46 per share in the same period in 2019.
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