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Xcel Energy Earnings, No Revenue in Q3

Xcel Energy Earnings, No Revenue in Q3

Xcel Energy Earnings, No Revenue in Q3

Investing.com – Xcel Energy (NASDAQ:XEL) on Thursday reported third-quarter earnings that topped analyst expectations and revenue that was below forecasts.

The company reported earnings per share of $1.01 on revenue of $3.01 billion. Analysts polled by Investing.com expected EPS of $1.03 on revenue of $3.46 billion. This compared to EPS of $0.96 on revenue of $3.05 billion in the same period a year earlier. In the previous quarter, the company saw EPS of $0.46 on revenue of $2.58 billion.

Xcel Energy is tracking the performance of other major utilities this month

On Tuesday, NextEra Energy saw third-quarter EPS of $2.39 on revenue of $5.57 billion compared to forecasts for EPS of $2.26 on revenue of $5.15 billion.

Kinder Morgan’s Oct. 16 earnings were below analyst expectations, with third-quarter EPS of $0.22 and revenue of $3.21 billion. Investing.com analysts expected EPS of $0.24 on revenue of $3.47 billion

Stay up to date with all upcoming earnings reports by visiting the earnings calendar on Investing.com

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