Investing.com - Xcel Energy (NASDAQ:XEL) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.61 on revenue of $3.41B. Analysts polled by Investing.com forecast EPS of $0.61 on revenue of $3.03B. That compared to EPS of $0.57 on revenue of $2.95B in the same period a year earlier. The company had reported EPS of $0.42 on revenue of $2.88B in the previous quarter.
Xcel Energy follows other major Utilities sector earnings this month
On Tuesday, NextEra Energy reported first quarter EPS of $2.2 on revenue of $4.08B, compared to forecasts of EPS of $2.03 on revenue of $4.41B.
Kinder Morgan earnings Beat analysts' expectations on April 17, with first quarter EPS of $0.25 on revenue of $3.43B. Investing.com analysts expected EPS of $0.24 on revenue of $3.67B
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