Investing.com - Xcel Energy reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xcel Energy announced earnings per share of $0.58 on revenue of $3.36B. Analysts polled by Investing.com anticipated EPS of $0.5699 on revenue of $3.1B.
Xcel Energy shares are down 0% from the beginning of the year , still down 7.29% from its 52 week high of $72.94 set on Tuesday, May 11, 2021. They are outperforming the S&P 500 which is down 8.73% year to date.
Xcel Energy follows other major Utilities sector earnings this month
Xcel Energy's report follows an earnings beat by NextEra Energy on Tuesday, who reported EPS of $0.41 on revenue of $5.05B, compared to forecasts EPS of $0.3863 on revenue of $6.26B.
FirstEnergy had beat expectations on Thursday, October 28, 2021 with third quarter EPS of $0.82 on revenue of $3.1B, compared to forecast for EPS of $0.792 on revenue of $3.04B.
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