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Xcel Energy falls on first-quarter profit miss

ReutersApr 24, 2025 3:59 PM

Shares of utility firm Xcel Energy XEL.O down 1.94% at $70.16

Company misses Q1 profit estimates, hurt by higher operating and interest expenses

Xcel's total operating costs rise 8.7% to $3.23 billion; interest expenses up 11.6% at $309 million

Posts Q1 adjusted profit of 84 cents/share vs estimate of 92 cents/share

XEL says total tariff exposure is 2%-3% on its $45 billion base capital plan through 2029

Including session's moves, shares up 3.96% YTD

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