Xcel Energy Beats Q2 Earnings Estimates, Sales Miss, Adds Customers

Xcel Energy Inc. XEL reported second-quarter 2025 operating earnings of 75 cents per share, which beat the Zacks Consensus Estimate of 63 cents by 19.05%. The bottom line also improved 38.9% from the year-ago quarter’s figure of 54 cents. The year-over-year improvement in earnings per share was due to increased recovery of infrastructure investments, partially offset by higher interest charges, depreciation and O&M expenses.It reported GAAP earnings of 75 cents per share compared with 54 cents in the year-ago quarter.Total Revenues of XELRevenues of $3.28 billion missed the Zacks Consensus Estimate of $3.31 billion by 0.8%. However, the figure increased 8.6% from the year-ago quarter’s $3.02 billion.Xcel Energy Inc. Price, Consensus and EPS Surprise Xcel Energy Inc. price-consensus-eps-surprise-chart | Xcel Energy Inc. QuoteXEL’s Segmental ResultsElectric: This segment’s revenues totaled $2.87 billion, up 8.3% from $2.65 billion in the year-ago quarter.Natural Gas: Revenues in this segment increased 11.5% to $396 million from $355 million in the year-ago quarter.Other: Revenues amounted to $13 million compared with $14 million in the prior-year quarter.Highlights of XEL’s Earnings ReleaseTotal operating expenses increased 5.1% year over year to $2.71 billion. The increase in operating expenses was due to higher electric fuel and purchased power costs, and the cost of natural gas sold and transported. Operating income increased 28.5% year over year to $577 million.Total interest charges and financing costs rose 6.3% from the prior-year quarter’s $303 million to $322 million.In the first six months, Xcel Energy registered 2.7% growth in electric customer volume and a 0.4% decline in natural gas customer volume. In the second quarter, natural gas sales increased 0.9% from the year-ago period’s level, and electric sales volume increased 1%.XEL’s GuidanceXcel Energy reaffirmed its projection for 2025 earnings per share in the range of $3.75-$3.85. The Zacks Consensus Estimate is pegged at $3.81, a tad higher than the midpoint of the guided range of $3.80 per share.XEL estimates retail electric sales to increase 3% in 2025. Natural gas sales volumes are anticipated to increase 1% from the year-ago level.Xcel Energy plans to invest $45 billion in 2025-2029 to further strengthen its infrastructure.XEL’s Zacks RankXEL currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Other ReleasesNextEra Energy, Inc. NEE reported second-quarter 2025 adjusted earnings of $1.05 per share, which beat the Zacks Consensus Estimate of $1.02 by 2.9%. The bottom line was also up nearly 9.4% year over year.NEE’s long-term (three-to-five years) earnings growth rate is 7.89%. It delivered an average earnings surprise of 3.51% in the last four quarters.American Electric Power Company, Inc. AEP reported second-quarter 2025 operating earnings per share (EPS) of $1.43, which beat the Zacks Consensus Estimate of $1.28 by 11.7%. The bottom line inched up 14.4% from $1.25 recorded in the year-ago quarter. AEP’s long-term earnings growth rate is 6.43%. It delivered an average earnings surprise of 6.61% in the last four quarters.Exelon Corporation’s EXC second-quarter 2025 earnings of 39 cents per share surpassed the Zacks Consensus Estimate of 37 cents by 5.4%. EXC’s long-term earnings growth rate is 6.34%. It delivered an average earnings surprise of 10.05% in the last four quarters.One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report Xcel Energy Inc. (XEL): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks