Press release
Xcel Energy First Quarter 2025 Earnings Report
First quarter GAAP and ongoing earnings per share were $0.84 in 2025 compared with $0.88 in 2024. Xcel Energy reaffirms its 2025 ongoing EPS guidance of
About this update from Xcel Energy Inc.
[{"type":"text","content":"\n\nFirst quarter GAAP and ongoing earnings per share were $0.84 in 2025 compared with $0.88 in 2024.\n\n\nXcel Energy reaffirms its 2025 ongoing EPS guidance of $3.75 to $3.85.\n\n\n MINNEAPOLIS--(BUSINESS WIRE)--\nXcel Energy Inc. (NASDAQ: XEL) today reported 2025 first quarter GAAP earnings of $483 million, or $0.84 per share, compared with $488 million, or $0.88 per share in the same period in 2024.\n\nFirst quarter ongoing earnings reflect higher O&M expenses, depreciation and interest charges, partially offset by increased recovery of infrastructure investments.\n\n“As we continue to advance our mission to make energy work better for our customers, we are building new generation, investing in system resilience and leading the energy transition to meet the goals and aspirations of the communities we serve,” said Bob Frenzel, chairman, president and CEO of Xcel Energy. “We reached a milestone in February, when Minnesota regulators approved a resource plan that includes nearly 5,000 megawatts of new wind, solar, battery storage and gas by 2030. Meanwhile, we continue to mitigate the risk of wildfires in our service areas through ongoing operating investments and regulatory support, including reaching settlements for our Texas System Resiliency and Colorado Wildfire Mitigation Plans.”\n\nAt 9:00 a.m. CDT today, Xcel Energy will host a conference call to review financial results. To participate in the call, please dial in 5 to 10 minutes prior to the start and follow the operator’s instructions.\n\n\n\nUS Dial-In:\n\n\n\n\n1 (866) 580-3963\n\n\n\n\n\nInternational Dial-In:\n\n\n\n\n(400) 120-0558\n\n\n\n\n\nConference ID:\n\n\n\n\n2629857\n\n\n\n\nThe conference call also will be simultaneously broadcast and archived on Xcel Energy’s website at www.xcelenergy.com. To access the presentation, click on Investors under Company. If you are unable to participate in the live event, the call will be available for replay from April 24th through April 29th.\n\n\n\nReplay Numbers\n\n\n\n\n \n\n\n\n\n\nUS Dial-In:\n\n\n\n\n1 (866) 583-1035\n\n\n\n\n\nAccess Code:\n\n\n\n\n2629857#\n\n\n\n\nExcept for the historical statements contained in this report, the matters discussed herein are forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements, including those relating to 202...