Xcel Energy Reiterated FY24 Adj EPS Of $3.50-$3.60 Vs $3.56 Est, Initiated FY25 Adj EPS Of $3.75-$3.85 Vs $3.83 Est
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy has reiterated its FY24 adjusted EPS guidance of $3.50-$3.60 and initiated FY25 adjusted EPS guidance of $3.75-$3.85. Key assumptions include constructive regulatory outcomes, normal weather patterns, and changes in sales and expenses.
October 31, 2024 | 10:09 am
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Xcel Energy has reiterated its FY24 adjusted EPS guidance of $3.50-$3.60 and initiated FY25 adjusted EPS guidance of $3.75-$3.85. The guidance assumes constructive regulatory outcomes, normal weather, and changes in sales and expenses.
The reiteration and initiation of EPS guidance provide a clear outlook for Xcel Energy's financial performance, which is likely to positively influence investor sentiment. The assumptions of constructive regulatory outcomes and sales changes are critical for achieving these targets.
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