Xcel Energy posts Q3 2026 earnings beat, narrows 2026 EPS guidance and unveils $70 billion five‑year capital plan
+1 new source since this summary was written
Xcel Energy reported third‑quarter 2026 earnings of $1.52 per share, beating analyst estimates. Net income rose to $960 million and revenue was $4.17 billion. The company narrowed its full‑year 2026 ongoing EPS guidance to $4.10‑$4.16 and introduced 2027 guidance of $4.48‑$4.62. Management also announced a $70 billion, 2027‑2031 capital plan focused on renewables, natural‑gas, storage and transmission expansion.
Why it matters
The narrowed guidance signals stronger earnings expectations for 2026, which may support the stock price. BTIG raised its price target to $92, citing the capital plan and projected >10% EPS growth through 2030. The $70 billion plan indicates sustained capital spending that could drive future revenue and earnings growth.
Key facts
- 1Q3 2026 EPS was $1.52 per share, up from $0.88 a year earlier tradingview.com
- 2Net income for the quarter was $960 million finance.yahoo.com
- 3Revenue was $4.17 billion, up 6.6% year‑over‑year investing.com
- 4Full‑year 2026 ongoing EPS guidance was narrowed to $4.10‑$4.16 per share tradingview.com
- 52027 ongoing EPS guidance was set at $4.48‑$4.62 per share tradingview.com
- 6The company announced a $70 billion five‑year capital plan for 2027‑2031 finance.biggo.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.