![]() ![]() Xcel Energy reaffirmed its 2023 EPS guidance of $3.30-$3.40. Total interest charges and financing costs rose 16.3% to $243 million from the prior-year quarter’s reported figure. Operating income increased 12.3% to $573 million from the prior-year quarter’s reading. This was primarily due to higher operating and maintenance expenses, rising electric fuel and purchased power costs, and the increased cost of natural gas sold and transported. Total operating expenses increased 8.2% year over year to $3,507 million. Other: This segment’s revenues increased 3.6% to $29 million from $28 million in the prior-year period. Natural Gas: Revenues in this segment improved 18.2% to $1,288 million from $1,090 million in the year-ago quarter. Quote Segmental ResultsĮlectric: This segment’s revenues totaled $2,763 million, up 4.9% from $2,633 million in the year-ago quarter. price-consensus-eps-surprise-chart | Xcel Energy Inc. The year-over-year improvement was due to strong performances in all segments. ![]() The same improved 8.8% from the year-ago quarter’s $3,751 million. The company’s revenues of $4,080 million beat the Zacks Consensus Estimate of $3,852 million by 5.9%. The bottom line also improved 8.6% from the year-ago quarter’s 70 cents per share. XEL reported first-quarter 2023 operating earnings of 76 cents per share, which beat the Zacks Consensus Estimate of 74 cents by 2.7%. with nearly half of its electricity sales coming from carbon-free energy.Ĭlick Here to get the full Stock Report for Xcel Energy Inc stock.Xcel Energy Inc. It is one of the largest renewable energy providers in the U.S. ![]() Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan Public Service Company of Colorado and Southwestern Public Service Company, which serves customers in Texas and New Mexico. Xcel Energy manages utilities serving 3.7 million electric customers and 2.1 million natural gas customers in eight states. To screen for more stocks like Xcel Energy Inc click here. So far 1,366,135 shares have traded compared to average volume of 4,037,572 shares. The stock has traded between $57.25 and $58.13 so far today. Xcel Energy Inc (XEL) stock is trading at $58.05 as of 1:05 PM on Wednesday, Sep 13, an increase of $0.84, or 1.47% from the previous closing price of $57.21. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price. Our system also uses the options market in order to receive additional signals on current sentiments. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. This means that earnings updates and other news can greatly impact overall sentiment.Ĭhanges in price are generally the best indicator of sentiment for a particular stock. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. See Full XEL Report What is Stock Sentiment?
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