Xcel Energy Earnings Miss, Revenue Beats In Q3

This post was originally published on this site

Xcel Energy announced earnings per share of $1.13 on revenue of $3.47B. Analysts polled by Investing.com anticipated EPS of $1.18 on revenue of $3.41B.

Xcel Energy shares are down 4% from the beginning of the year, still down 16.95% from its 52 week high of $76.33 set on November 9, 2020. They are under-performing the Nasdaq 100 which is up 21.03% from the start of the year.

Xcel Energy’s report follows an earnings beat by NextEra Energy on October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.

Kinder Morgan had missed expectations on October 20 with third quarter EPS of $0.22 on revenue of $3.82B, compared to forecast for EPS of $0.237 on revenue of $3.26B.

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