Xcel Energy Inc reports results for the quarter ended December 31 - Earnings Summary

• Xcel Energy Inc XEL.OQ reported quarterly adjusted earnings of 81 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 84 cents to 93 cents per share.

• Revenue fell 9.4% to $3.12 billion from a year ago; analysts expected $3.77 billion.

• Xcel Energy Inc's reported EPS for the quarter was 81 cents​.

• The company reported quarterly net income of $464 million.

• Xcel Energy Inc shares had risen by 0.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is also "buy"

Wall Street's median 12-month price target for Xcel Energy Inc is $72.50

This summary was machine generated from LSEG data February 6 at 03:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)