Xcel Energy Earnings Miss Expectations by $0.02, Revenue Falls Short of Estimates

Xcel Energy (NASDAQ: ) has reported its second quarter earnings per share (EPS) at $0.54, which is $0.02 below the analyst estimate of $0.56. The company’s revenue for the quarter was $3.03 billion, falling short of the consensus estimate of $3.24 billion.

### Guidance
For the fiscal year 2024, Xcel Energy anticipates EPS in the range of $3.50 to $3.60, compared to the analyst consensus of $3.56.

Xcel Energy’s stock closed at $58.28, reflecting a 7.43% increase over the past three months, although it has seen a decline of 7.32% over the past twelve months. In the last 90 days, the company experienced two positive EPS revisions and six negative revisions.

According to recent assessments, Xcel Energy’s Financial Health score indicates “good performance.”

For updates on upcoming earnings reports, keeping track of an earnings calendar would be beneficial.