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Published on 25 Apr 2024 on Zacks via Yahoo Finance

Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates


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Xcel Energy Inc. XEL reported first-quarter 2024 operating earnings of 88 cents per share, which surpassed the Zacks Consensus Estimate of 80 cents by 10%. The bottom line improved 15.8% from the year-ago quarter’s 76 cents.It reported GAAP earnings of 88 cents in the first quarter compared with 76 cents in the year-ago quarter.

Total Revenues

The company’s revenues of $3.6 billion missed the Zacks Consensus Estimate of $4.01 billion by 9.1%. The figure also declined 10.6% from the year-ago quarter’s $4.08 billion.

NASDAQ.XEL price evolution

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