Xcel Energy rises on Q2 profit beat
30/07/2026 14:42
BUZZ-Xcel Energy rises on Q2 profit beat Updates
** Shares of utility Xcel energy XEL.O rises 1.8% to $80.03
** 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
** Including session's moves, XEL up 6.6% YTD
(Reporting by Dharna Bafna and Katha Kalia in Bengaluru)