Xcel Energy reports higher Q3 earnings and narrows 2026 EPS guidance
Filed with the SEC on · Summarized by InvestorsBot
Xcel Energy reported third-quarter 2026 net income of $960 million, or $1.52 diluted EPS, compared with $524 million, or $0.88 EPS, in the same quarter of 2025; ongoing EPS also rose to $1.52 from $1.24. The company narrowed its 2026 ongoing EPS guidance to $4.10-$4.16 and initiated 2027 guidance of $4.48-$4.62, while citing infrastructure investment recovery, equity-method investment gains and warm weather as key earnings drivers, partly offset by higher financing costs.