Xcel Energy Earnings miss, Revenue beats In Q4 By Investing.com

Xcel Energy reported on Thursday fourth quarter earnings that missed analysts’ forecasts and revenue that topped expectations.

Xcel Energy announced earnings per share of $0.54 on revenue of $2.95B. Analysts polled by Investing.com anticipated EPS of $0.551 on revenue of $2.84B.

Xcel Energy shares are down 4% from the beginning of the year and are trading at $63.82 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.14% from the start of the year.

Xcel Energy follows other major Utilities sector earnings this month

Xcel Energy’s report follows an earnings beat by NextEra Energy on Tuesday, who reported EPS of $0.4 on revenue of $4.4B, compared to forecasts EPS of $0.3796 on revenue of $5.55B.

Kinder Morgan had beat expectations on January 20 with fourth quarter EPS of $0.27 on revenue of $3.12B, compared to forecast for EPS of $0.2397 on revenue of $3.05B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar