Xcel Energy GAAP EPS of $0.60 in-line, revenue of $3.42B beats by $320M
Xcel Energy press release  (NASDAQ:XEL): Q2  GAAP EPS of $0.60 in-line.
Revenue of $3.42B (+11.4% Y/Y)  beats by $320M.
Reaffirms 2022 EPS earnings guidance range of $3.10 to $3.20.
âWe achieved a significant regulatory milestone with approval of our Colorado Electric Resource Plan. Executing this plan and our Power Pathway transmission project will secure affordable, resilient, clean energy for our customers, reducing carbon emissions 85% in the state by 2030, generating 80% of electricity from renewable sources by the same year and retiring all coal generation in the state by Jan. 1, 2031.âÂ saidÂ Bob Frenzel, chairman, president and CEO of Xcel Energy.