XEL Stock Recent News

XEL's fourth-quarter earnings and revenues decrease year over year. Total operating expenses decline during the same period.

Although the revenue and EPS for Xcel (XEL) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Xcel Energy (XEL) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.83 per share a year ago.

Xcel Energy reported an increase in fourth-quarter profit on Thursday, as the utility firm benefited from higher electricity rates and lower operating expenses.

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2024 GAAP earnings of $1.94 billion, or $3.44 per share, compared with $1.77 billion, or $3.21 per share in the same period in 2023 and ongoing earnings of $1.97 billion, or $3.50 per share, compared with $1.85 billion, or $3.35 per share in the same period in 2023. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in ongoing earnings reflect increased recovery of infrastructure investments, partia.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Xcel (XEL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

XEL's fourth-quarter 2024 earnings are expected to have continued to benefit from customer growth and new natural gas rate.

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Xcel (XEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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