XEL_Q306

Xcel Energy announced its third quarter 2006 earnings. Income from continuing operations was $224 million, or 53 cents per share, compared to $198 million, or 47 cents per share, in the third quarter of 2005. Increased earnings were primarily due to stronger base electric and natural gas utility margins from weather-adjusted retail sales growth, rate increases, and investments in emissions reduction projects. The company expects full year 2006 earnings to be in the upper half of its guidance range of $1.25 to $1.35 per share and initiated 2007 earnings guidance of $1.35 to $1.45 per share.