Minneapolis, MN-based Xcel Energy Inc. (XEL - Free Report) firm has made a mark of its own in the electric utility space through its widespread operations and a solid customer base. The company currently operates primarily through its regulated utilities which lend a long-term growth potential.
Estimate Trend & Surprise History
Investors should note that the Zacks Consensus Estimate for the third quarter of 87 cents per share has decreased by 1.1% over the last 30 days.
Coming to the earnings surprise, Xcel Energy has surpassed the Zacks Consensus Estimate in two of the trailing four quarters. This led to an average positive surprise of 0.57%.
Zacks Rank: The company currently has a Zacks Rank #3 (Hold) but going further things could definitely change given the company’s recently released third quarter earnings results.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings: Xcel Energy topped earnings in the third quarter. Our consensus called for EPS of 87 cents while the company reported EPS of 90 cents.
Revenue: The Company surpassed the revenue estimates in the reported quarter. Xcel Energy posted revenues of $3,040.1 million in the quarter, compared with Zacks Consensus Estimate of $2,965 million.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this Xcel Energy earnings report!
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Minneapolis, MN-based Xcel Energy Inc. (XEL - Free Report) firm has made a mark of its own in the electric utility space through its widespread operations and a solid customer base. The company currently operates primarily through its regulated utilities which lend a long-term growth potential.
Estimate Trend & Surprise History
Investors should note that the Zacks Consensus Estimate for the third quarter of 87 cents per share has decreased by 1.1% over the last 30 days.
Coming to the earnings surprise, Xcel Energy has surpassed the Zacks Consensus Estimate in two of the trailing four quarters. This led to an average positive surprise of 0.57%.
Zacks Rank: The company currently has a Zacks Rank #3 (Hold) but going further things could definitely change given the company’s recently released third quarter earnings results.
Going below we have mentioned some of the vital information from this just-revealed announcement:
Earnings: Xcel Energy topped earnings in the third quarter. Our consensus called for EPS of 87 cents while the company reported EPS of 90 cents.
Revenue: The Company surpassed the revenue estimates in the reported quarter. Xcel Energy posted revenues of $3,040.1 million in the quarter, compared with Zacks Consensus Estimate of $2,965 million.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back later for our full write up on this Xcel Energy earnings report!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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