Xcel Energy rises on Q2 profit beat
XEL•Shares rise after quarterly profit beats estimates
** Shares of utility Xcel Energy (XEL.O) rose 1.8% to $80.03.
** The company topped second-quarter profit estimates, driven by increased recovery of electric infrastructure investments.
** It posted adjusted profit of 93 cents per share versus estimates of 78 cents per share, according to data compiled by LSEG.
** Net income came in at $586 million, or 93 cents per share, up 32% from $444 million, or 75 cents per share, a year ago.
** Including session's moves, XEL was up 6.6% year to date.
