Xcel Energy's Earnings Fall Short of Expectations by $0.01, Profit Also Below Projections

According to Xcel Energy's (NASDAQ: XEL) report, the earnings per share for the third quarter was $1.25, which is $0.01 lower than analysts' expectations of $1.26. The reported earnings for this quarter were $3.64 billion, while analyst expectations were $3.93 billion.

Guidance for Xcel Energy's Fiscal Year 2024 has set earnings per share at $3.50 to $3.60, compared to analysts' forecast of $3.56.

Xcel Energy's stock closed the day at $63.05, indicating a 5.52% increase over the last three months. Over the last 12 months, the stock has risen by 4.15%.

In the past 90 days, Xcel Energy has recorded three positive earnings per share results and five negative earnings per share results.

You can examine how Xcel Energy's stock price reacted to past earnings reports here. According to InvestingPro, Xcel Energy's financial health rating is "Fairly Good."

You can view the latest earnings reports and all financial information for Xcel Energy here. Stay informed about all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.