Xcel Energy Inc expected to post earnings of 87 cents a share - Earnings Preview

Reuters
02-04
Xcel Energy Inc <xel.oq> expected to post earnings of 87 cents a share - Earnings Preview </xel.oq>
  • Xcel Energy Inc XEL.OQ XEL.O is expected to show a rise in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

  • The Minneapolis Minnesota-based company is expected to report a 9.6% increase in revenue to $3.774 billion from $3.44 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Xcel Energy Inc is for earnings of 87 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Xcel Energy Inc is $72.50​, above​ its last closing price of $67.75. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.24

1.26

1.25

Missed

-0.7

Jun. 30 2024

0.55

0.57

0.54

Missed

-5.5

Mar. 31 2024

0.78

0.78

0.88

Beat

13.3​

Dec. 31 2023

0.85

0.85

0.87

Beat

2.8

​​Sep. 30 2023

1.26

1.27

1.23

Missed

-2.8

Jun. 30 2023

0.55

0.57

0.52

Missed

-8​

Mar. 31 2023

0.74

0.74

0.76

Beat

2.1

Dec. 31 2022

0.68

0.68

0.69

Beat

1.9

This summary was machine generated February 4 at 14:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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