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Xcel Energy Raises 2026 Earnings Floor After Q3 EPS Beats by 13 Cents

Third-quarter non-GAAP EPS was $1.52. Revenue rose 6.6% year over year to $4.18 billion but missed estimates by $120 million.

Transmission lines recede behind a utility transformer in afternoon light / TokenPost.ai
Transmission lines recede behind a utility transformer in afternoon light / TokenPost.ai

Xcel Energy raised the bottom of its 2026 ongoing earnings range after third-quarter non-GAAP EPS beat estimates by 13 cents, although revenue came in below analyst expectations.

Non-GAAP EPS was $1.52 for the quarter. Revenue totaled $4.18 billion, a 6.6% increase from a year earlier, but fell $120 million short of estimates.

Xcel narrowed its 2026 ongoing earnings guidance to $4.10 to $4.16 per share, from a previous range of $4.04 to $4.16. Shares rose 4% in premarket trading on Oct. 29.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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