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Xcel Energy Earnings, Revenue Beat in Q4

Published 01/27/2022, 06:10 AM
© Reuters. Xcel Energy Earnings, Revenue Beat in Q4
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Investing.com - Xcel Energy (NASDAQ:XEL) 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 May 11, 2021. They are outperforming the S&P Global 100 which is down 5.99% from the start of the year.

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 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.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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