Equities research analysts forecast that Xcel Energy Inc. (NYSE:XEL – Get Rating) will report $0.68 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Xcel Energy’s earnings. The highest EPS estimate is $0.69 and the lowest is $0.67. Xcel Energy posted earnings per share of $0.67 during the same quarter last year, which would suggest a positive year-over-year growth rate of 1.5%. The business is expected to announce its next earnings report before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Xcel Energy will report full-year earnings of $3.17 per share for the current year, with EPS estimates ranging from $3.15 to $3.20. For the next year, analysts expect that the company will post earnings of $3.39 per share, with EPS estimates ranging from $3.35 to $3.43. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Xcel Energy.
XEL has been the topic of a number of research reports. KeyCorp boosted their price objective on Xcel Energy from $78.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, April 20th. StockNews.com assumed coverage on Xcel Energy in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, Credit Suisse Group assumed coverage on Xcel Energy in a research report on Monday. They set an “outperform” rating on the stock.
Xcel Energy Company Profile (Get Rating)
Xcel Energy Inc, through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.
- Get a free copy of the StockNews.com research report on Xcel Energy (XEL)
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