Xcel Energy Reports Third Quarter Non-GAAP EPS Beat Amid Revenue Miss
Xcel Energy (XEL) reported third-quarter non-GAAP earnings per share of $1.52, exceeding analyst expectations by $0.13. While the company saw a year-over-year revenue increase of 6.6% to reach $4.18 billion, this figure fell short of estimates by approximately $120 million. Looking ahead, Xcel Energy narrowed its 2026 ongoing earnings guidance to a range of $4.10 to $4.16 per share, slightly tightening the previous outlook of $4.04 to $4.16. Following the announcement, shares rose by 4% in after-market trading.
Tickers: $XEL
Topics: earnings beat financial results guidance update revenue miss