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Xcel Energy Earnings, Revenue Beat in Q1 -Breaking

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© Reuters. Xcel Energy’s Q1 Earnings and Revenue Beat

Investing.com – Xcel Energy (NASDAQ:) Thursday’s first quarter report showed revenue exceeding expectations and surpassing analysts’ predictions.

Xcel Energy posted earnings per share $0.7 on $3.75B in revenue. Investing.com polled analyst to predict EPS of $0.6817 based on $3.41B revenue.

Xcel Energy shares have increased by 3% since the start of the year but are still below 4.05% of its 52-week high of $76.05 on April 21. They are outperforming the S&P 500 which is down 12.22% from the start of the year.

Xcel Energy’s earnings are in line with other Utilities sectors this month

Xcel Energy’s latest report comes after NextEra Energy reported EPS at $0.74 per share on $2.89B in revenue, compared with forecasts EPS at $0.7142 on $5.19B.

Iberdrola SA’s first quarter earnings per share (EPS) of $0.6647 on $12.78B in revenue was below expectations. This compares to the forecast of $0.7822 for $11.37B revenue.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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