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Xcel Energy Inc (XEL) reported a profit for fourth quarter that dropped from last year.


RTTNews | Jan 28, 2021 06:14AM EST

06:14 Thursday, January 28, 2021 (RTTNews.com) - Xcel Energy Inc (XEL) reported a profit for fourth quarter that dropped from last year.

The company's earnings came in at $288 million, or $0.54 per share. This compares with $292 million, or $0.56 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.4% to $2.95 billion from $2.80 billion last year.

Xcel Energy Inc earnings at a glance:

-Earnings (Q4): $288 Mln. vs. $292 Mln. last year.-EPS (Q4): $0.54 vs. $0.56 last year.-Analysts Estimate: $0.54-Revenue (Q4): $2.95 Bln vs. $2.80 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3164308/xcel-energy-inc-reveals-fall-in-q4-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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