Xcel Energy Inc. (XEL), headquartered in Minneapolis, Minnesota, is a major regulated U.S. utility company with a market capitalization of approximately $50.2 billion. The company generates, transmits, and distributes electricity and delivers natural gas, serving approximately 3.7 million electric and 2.1 million natural gas customers across eight Midwestern and Western states.
XEL is set to report its Q2 earnings soon. Ahead of the release, analysts expect the company to post a diluted EPS of $0.77, up 2.7% from $0.75 in the year-ago quarter. XEL has exceeded or met Wall Street's EPS estimates in two of the last four quarters, , while missing expectations in the remaining two quarters.
