25.04.2024 12:11:10 - dpa-AFX: Xcel Energy Inc Bottom Line Climbs In Q1, Beats estimates
WASHINGTON (dpa-AFX) - Xcel Energy Inc (XEL) announced a profit for its
first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $488 million, or $0.88 per share. This compares
with $418 million, or $0.76 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.78 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 10.5% to $3.65 billion from $4.08
billion last year.
Xcel Energy Inc earnings at a glance (GAAP) :
-Earnings (Q1): $488 Mln. vs. $418 Mln. last year.
-EPS (Q1): $0.88 vs. $0.76 last year.
-Revenue (Q1): $3.65 Bln vs. $4.08 Bln last year.
-Guidance:
Full year EPS guidance: $3.50 to $3.60
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