Xcel Energy Earnings, Revenue Miss in Q3

Investing.com – Xcel Energy (NASDAQ:) reported third quarter that missed analysts’ expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.01 on revenue of $3.01B. Analysts polled by Investing.com expected EPS of $1.03 on revenue of $3.46B. That compared to EPS of $0.96 on revenue of $3.05B in the same period a year earlier. The company had reported EPS of $0.46 on revenue of $2.58B in the previous quarter.

Xcel Energy follows other major Utilities sector earnings this month

On Tuesday, NextEra Energy reported third quarter EPS of $2.39 on revenue of $5.57B, compared to forecasts of EPS of $2.26 on revenue of $5.15B.

Kinder Morgan earnings missed analysts’ expectations on October 16, with third quarter EPS of $0.22 on revenue of $3.21B. Investing.com analysts expected EPS of $0.24 on revenue of $3.47B

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

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