Xcel Energy (XEL) Q3 FY25 earnings call

Xcel Energy reported solid Q3 FY25 ongoing earnings, driven by regulatory outcomes and sales growth, despite higher financing and O&M costs. The company unveiled an expanded $60 billion 5-year capital plan to meet growing demand and clean energy goals, underpinning an updated long-term EPS growth target of 6-8%+ with 9% average growth through 2030. Management also reached a settlement in principle for the Marshall wildfire, while continuing to advance wildfire mitigation and customer affordability initiatives.