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Xcel Energy Inc (XEL) revealed earnings for its third quarter that climbed from last year.


RTTNews | Oct 29, 2020 06:24AM EDT

06:24 Thursday, October 29, 2020 (RTTNews.com) - Xcel Energy Inc (XEL) revealed earnings for its third quarter that climbed from last year.

The company's profit came in at $603 million, or $1.14 per share. This compares with $527 million, or $1.01 per share, in last year's third quarter.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.6% to $3.18 billion from $3.01 billion last year.

Xcel Energy Inc earnings at a glance:

-Earnings (Q3): $603 Mln. vs. $527 Mln. last year.-EPS (Q3): $1.14 vs. $1.01 last year.-Analysts Estimate: $1.06-Revenue (Q3): $3.18 Bln vs. $3.01 Bln last year.

-Guidance:Full year EPS guidance: $2.75 to $2.81

Read the original article on RTTNews ( https://www.rttnews.com/3140620/xcel-energy-inc-bottom-line-climbs-in-q3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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