25.01.2024 12:11:54 - dpa-AFX: Xcel Energy Inc Q4 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - Xcel Energy Inc (XEL) reported earnings for its
fourth quarter that increased from last year but missed the Street estimates.

The company's bottom line totaled $409 million, or $0.74 per share. This
compares with $379 million, or $0.69 per share, in last year's fourth quarter.

Excluding items, Xcel Energy Inc reported adjusted earnings of $0.83 per share
for the period.

Analysts on average had expected the company to earn $0.85 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 15.1% to $3.44 billion from $4.05
billion last year.

Xcel Energy Inc earnings at a glance (GAAP) :

-Earnings (Q4): $409 Mln. vs. $379 Mln. last year.
-EPS (Q4): $0.74 vs. $0.69 last year.
-Analyst Estimate: $0.85
-Revenue (Q4): $3.44 Bln vs. $4.05 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
XCEL ENERGY DL 2,50 855009 Frankfurt 49,800 03.05.24 08:02:17 -0,135 -0,27% 0,000 0,000 49,800 49,800

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