Xcel Energy Reaffirms Its 2023 GAAP And Ongoing Earnings Guidance Of $3.30-$3.40 Per Share; In May, Southwestern Public Service Co Revised Request On Electric Rate Case To New Mexico Public Regulation Commission For Rev Increase To $75M
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy reaffirms its 2023 GAAP and ongoing earnings guidance of $3.30-$3.40 per share. Southwestern Public Service Co revised its request for an electric rate case to New Mexico Public Regulation Commission for a revenue increase to $75M.
May 19, 2023 | 7:37 pm
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Xcel Energy reaffirms its 2023 earnings guidance of $3.30-$3.40 per share, maintaining investor confidence in the company's financial outlook.
Xcel Energy's reaffirmation of its 2023 earnings guidance indicates that the company is confident in its financial outlook, which is important for investors. However, the short-term impact on the stock price is likely to be neutral, as this news is a reaffirmation rather than a change in guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100