Xcel Energy Earnings Miss, Revenue Beats In Q3

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Xcel Energy announced earnings per share of $1.18 on revenue of $4.08. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $3.92B.

Xcel Energy shares are down 4% from the beginning of the year, still down 17.27% from its 52 week high of $77.66 set on September 12.

Xcel Energy shares lost 2.74% in pre-market trade following the report.

Xcel Energy’s report follows an earnings beat by Southern on Thursday, who reported EPS of $1.35 on revenue of $8.38B, compared to forecasts EPS of $1.3 on revenue of $6.84B.

American Electric Power had beat expectations on Thursday with third quarter EPS of $1.62 on revenue of $5.5B, compared to forecast for EPS of $1.55 on revenue of $4.72B.

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