Xcel Energy Q1 EPS rises to $0.88 from $0.76; reaffirms FY2024 guidance

NORTHERN STATES POWER CO

Q1 GAAP/ongoing EPS $0.88 vs $0.76 YoY; net earnings $488M vs $418M.
Reaffirms 2024 EPS guidance range of $3.50-$3.60 per share.
Results driven by higher infrastructure recovery and lower O&M, partly offset by higher interest and depreciation.
CEO mentions Texas Panhandle wildfires; advancing shutoffs, fast-trip settings, and pole replacement as mitigation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NORTHERN STATES POWER CO reported first quarter of 2024 results: EPS $0.88. Guidance reaffirmed.

Period: first quarter of 2024
EPS: $0.88
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Xcel Energy released earnings results for the first quarter of 2024.

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Source: SEC EDGAR

accession 0000072903-24-000092

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