XEL Stock Recent News

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.

SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.

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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MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) announced today that Devin Stockfish has been elected to its board of directors, effective Jan. 23, 2025. Stockfish has served as president and CEO of Weyerhaeuser Co., North America's largest integrated timber and forest products company, since 2019, and also serves as a member of its board of directors. He previously was senior vice president, Timberlands; vice president, Western Timberlands; and senior vice president, general couns.

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Xcel Energy (XEL) and CenterPoint Energy (CNP). But which of these two companies is the best option for those looking for undervalued stocks?