Filing Flows › Xcel Energy (XEL) › Guidance history
Xcel Energy (XEL) guidance history: what it guided and what it reported
Xcel Energy gave guidance in 12 earnings releases on file since Jan 25, 2024. Its releases raised guidance once and lowered it twice.
Net income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $556M (Apr 30, 2026) → raised $586M (Jul 30, 2026) → raised $960M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $483M (Apr 24, 2025) → lowered $444M (Jul 31, 2025) → raised $524M (Oct 30, 2025) | — | — | — |
| FY2024 | $488M (Apr 25, 2024) → raised $682M (Oct 31, 2024) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2027 | $4.48–$4.62 (Oct 29, 2026) | — | to be reported | — |
| FY2026 | $4.04–$4.16 (Oct 30, 2025) → reaffirmed $4.04–$4.16 (Feb 5, 2026) → reaffirmed $4.04–$4.16 (Apr 30, 2026) → reaffirmed $4.04–$4.16 (Jul 30, 2026) → raised $4.10–$4.16 (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $3.75–$3.85 (Oct 31, 2024) → reaffirmed $3.75–$3.85 (Feb 6, 2025) → reaffirmed $3.75–$3.85 (Oct 30, 2025) | — | — | — |
| FY2024 | $3.50–$3.60 (Jan 25, 2024) → reaffirmed $3.50–$3.60 (Apr 25, 2024) → reaffirmed $3.50–$3.60 (Aug 1, 2024) → reaffirmed $3.50–$3.60 (Oct 31, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2029 | $5.8M (Oct 31, 2024) → raised $10.0M (Oct 29, 2026) | — | to be reported | — |
| FY2028 | $5.3M (Oct 31, 2024) → raised $10.0M (Oct 30, 2025) → reaffirmed $10.0M (Feb 5, 2026) → lowered $3.0M (Oct 29, 2026) | — | to be reported | — |
| FY2027 | $30.0M (Oct 31, 2024) → lowered $3.0M (Oct 30, 2025) → reaffirmed $3.0M (Feb 5, 2026) → raised $1.3B (Oct 29, 2026) | — | to be reported | — |
| FY2026 | $10.0M (Oct 31, 2024) → raised $1.1B (Oct 30, 2025) → reaffirmed $1.1B (Feb 5, 2026) | — | to be reported | — |
| FY2025 | $1.2B (Oct 31, 2024) | $10.9B (GAAP) | not judged | — |
| FY2024 | $1.3B (Jan 25, 2024) | $7.4B (GAAP) | not judged | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $320M–$330M (Oct 29, 2026) | — | to be reported | — |
| FY2025 | $160M–$170M (Jul 31, 2025) → raised $180M–$190M (Oct 30, 2025) | — | — | — |
| FY2024 | $130M–$140M (Oct 31, 2024) | — | — | — |
GAAP EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $0.84 (Apr 24, 2025) → lowered $0.75 (Jul 31, 2025) | — | — | — |
The latest quarter
Xcel Energy, Q3 2026: revenue $4.2B (+7% year over year), operating margin 28.5%, net earnings $960M, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.
Questions
Does Xcel Energy beat its guidance?
Xcel Energy gave guidance in 12 earnings releases on file since Jan 25, 2024. Its releases raised guidance once and lowered it twice.
How often does Xcel Energy raise guidance?
Its earnings releases raised guidance once and lowered it twice since Jan 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.