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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100