Published on 22 Apr 2024 on Zacks via Yahoo Finance
Here's How to Play Xcel Energy (XEL) Ahead of Q1 Earnings
Xcel Energy XEL is scheduled to release first-quarter 2024 earnings on Apr 25, before market open. The company delivered a negative earnings surprise of 3.15% in the last quarter.The Zacks Consensus Estimate for first-quarter earnings is pegged at 82 cents on revenues of $4.02 billion.Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. At present, Xcel Energy has an Earnings ESP of -6.75% and a Zacks Rank of 3. Hence, it is presumed that Xcel Energy is unlikely to beat estimates this earnings season.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Xcel Energy Inc. Price and EPS Surprise
