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Xcel Energy announced earnings per share of $0.56 on revenue of $2.81B. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $3.16B. That with comparison to EPS of $0.61 on revenue of $3.14B in the same period a year before. Xcel Energy had reported EPS of $0.56 on revenue of $2.8B in the previous quarter. Analysts are expecting EPS of $0.48 and revenue of $2.6B in the upcoming quarter.
Xcel Energy shares are down 3% from the beginning of the year , still down 15.14% from its 52 week high of $72.14 set on February 24. They are under-performing the Nasdaq 100 which is up 2.07% year to date.
Xcel Energy’s report follows an earnings beat by NextEra Energy on April 22, who reported EPS of $2.38 on revenue of $4.61B, compared to forecasts EPS of $2.37 on revenue of $4.64B.
Dominion Energy had missed expectations on Tuesday with first quarter EPS of $1.09 on revenue of $4.5B, compared to forecast for EPS of $1.1 on revenue of $4.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
