Xcel Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Xcel Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Xcel Energy Inc XEL.OQ reported quarterly adjusted earnings of 93 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 71 cents to 88 cents per share.
Revenue fell 5.1% to $3.12 billion from a year ago; analysts expected $3.52 billion.
Xcel Energy Inc's reported EPS for the quarter was 93 cents.
The company reported quarterly net income of $586 million.
Xcel Energy Inc shares had fallen by 1.9% this quarter and gained 6.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for Xcel Energy Inc is $93.00, about 15.3% above its last closing price of $78.75
This summary was machine generated from LSEG data July 30 at 02:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.78 | 0.93 | Beat |
Mar. 31 2026 | 0.90 | 0.91 | Beat |
Dec. 31 2025 | 0.96 | 0.95 | Missed |
Sep. 30 2025 | 1.32 | 1.24 | Missed |