Management remarks
Call period: 2026 Q2 · 2026-07-30
Guidance: Brian Van Abel: We are reaffirming our 2026 ongoing EPS guidance of $4.04 to $4.16 per share.Demand and orders: Robert Frenzel: From here, we see additional opportunities not in our base plan to invest and serve our growing customer needs, including ongoing and upcoming generation RFPs in Colorado and the Upper Midwest, transmission investments in each of our operating companies and generation to support 3 gigawatts of data center demand that we added to our target plan on our Q4 earnings call.Analyst Q&A
Analyst Carly Davenport asked: And then the follow-up was just on the 2026 EPS guidance that you're reiterating here. It seemed like there are a couple of assumptions that were changing in the build to earnings this year. It seems like more puts and takes there, all else equal. Just any read-through to where you'd expect to fall within the guidance range this year based on those changes? Management Brian Van Abel answered: That's earnings neutral, just given the change in the nuclear depreciation lives of our nuclear plants in the Minnesota rate case. And then we had just some gives and takes in terms of lower rider revenue, but that's offset by higher AFUDC. So really not much change from a guidance perspective when I look at it from a bottom line earnings perspective. So we -- like I said, we have a good start. We feel really good about our first 6 months of the year. And our just regular cadence is we tightened guidance in Q3.管理层陈述
电话会期间：2026 Q2 · 2026-07-30
指引：布莱恩·范·阿贝尔：我们重申2026年持续每股收益指引区间为4.04至4.16美元。需求与订单：罗伯特·弗伦泽尔：据此，我们看到基础计划之外的额外投资机遇以满足不断增长的客户需求，包括科罗拉多州和上中西部地区正在进行及即将到来的发电招标、各运营公司的输电投资，以及为支撑我们在四季度业绩电话会议上纳入目标计划的3吉瓦数据中心需求而建设的发电项目。分析师问答
分析师卡莉·达文波特提问：关于你们此次重申的2026年每股收益指引，今年收益测算中的几个假设似乎发生了变化，其他条件不变的情况下存在更多此消彼长的调整，基于这些变化，你们预计今年业绩在指引区间内的哪个位置？管理层布莱恩·范·阿贝尔回答：明尼苏达费率案件中核电厂折旧年限的调整，以及附加费收入减少但被建设期间资金占用补贴增加抵消，使得底线收益并无太大变化。我们今年前六个月开局良好，对此很有信心，通常会在第三季度收紧指引。This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
