Xcel Energy Q3 profit misses estimates on higher expenses

Xcel Energy

30/10/2025 10:14

Overview

Xcel Energy Q3 revenue beats analyst expectations

Adjusted EPS for Q3 misses analyst estimates

GAAP EPS for Q3 declines to $0.88 from $1.21 in 2024

Outlook

Xcel Energy reaffirms 2025 ongoing EPS guidance of $3.75 to $3.85

Xcel Energy initiates 2026 ongoing EPS guidance of $4.04 to $4.16

Xcel Energy targets long-term EPS growth of 6-8+% and dividend growth of 4-6%

Result Drivers

HIGHER EXPENSES - Increased depreciation, interest charges, and O&M expenses impacted Q3 ongoing earnings

INFRASTRUCTURE INVESTMENTS - Recovery of infrastructure investments partially offset higher expenses, supporting ongoing earnings

INVESTMENT PLAN - Co unveiled a five-year infrastructure investment plan to meet energy demand and carbon reduction goals

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$3.91 bln
$3.89 bln (7 Analysts)
Q3 Adjusted EPS
Miss
$1.24
$1.31 (13 Analysts)
Q3 EPS
$0.88


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for Xcel Energy Inc is $87.00, about 8.4% above its October 29 closing price of $79.69

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw4JQ95pa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)