Xcel Energy rises on Q2 profit beat
30/07/2026 13:53
BUZZ-Xcel Energy rises on Q2 profit beat ** Shares of utility Xcel energy XEL.O rises 2.2% to $80.50 premarket
** Co tops Q2 profit est. driven by increased recovery of electric infrastructure investments
** Posts adj. profit of 93 cents per share vs est. of 78 cents per share, according to data compiled by LSEG
** The utility's net income came in at $586 million or 93 cents per share, a 32% rise from $444 million or 75 cents per share, a year ago
** As of last close, XEL up 6.6% YTD
(Reporting by Dharna Bafna in Bengaluru)