Xcel Energy Earnings Miss, Revenue Beats In Q4

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Xcel Energy announced earnings per share of $0.54 on revenue of $2.95B. Analysts polled by Investing.com anticipated EPS of $0.551 on revenue of $2.84B.

Xcel Energy shares are down 4% from the beginning of the year, still down 16.39% from its 52 week high of $76.33 set on November 9, 2020. They are under-performing the S&P 500 which is down 0.14% from the start of the year.

Xcel Energy’s report follows an earnings beat by NextEra Energy on Tuesday, who reported EPS of $0.4 on revenue of $4.4B, compared to forecasts EPS of $0.3796 on revenue of $5.55B.

Kinder Morgan had beat expectations on January 20 with fourth quarter EPS of $0.27 on revenue of $3.12B, compared to forecast for EPS of $0.2397 on revenue of $3.05B.

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