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Xcel Energy Inc (XEL) reported a profit for its second quarter that rose from last year.


RTTNews | Jul 30, 2020 06:12AM EDT

06:11 Thursday, July 30, 2020 (RTTNews.com) - Xcel Energy Inc (XEL) reported a profit for its second quarter that rose from last year.

The company's bottom line came in at $287 million, or $0.54 per share. This compares with $238 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.4% to $2.59 billion from $2.58 billion last year.

Xcel Energy Inc earnings at a glance:

-Earnings (Q2): $287 Mln. vs. $238 Mln. last year.-EPS (Q2): $0.54 vs. $0.46 last year.-Analysts Estimate: $0.48-Revenue (Q2): $2.59 Bln vs. $2.58 Bln last year.

-Guidance:Full year EPS guidance: $2.73 to $2.83

Read the original article on RTTNews ( https://www.rttnews.com/3116120/xcel-energy-inc-announces-rise-in-q2-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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