Xcel Energy (NASDAQ:XEL) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:05 AM.
Here's what investors need to know about the announcement.
Xcel Energy missed estimated earnings by 1.64%, reporting an EPS of $0.6 versus an estimate of $0.61.
Revenue was up $356.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 2.16% drop in the share price the next day.
Here's a look at Xcel Energy's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Xcel Energy management provided guidance for FY 2022, expecting earnings between $3.1 and $3.2 per share.
To track all earnings releases for Xcel Energy VISIT THEIR EARNINGS CALENDAR HERE.
This article was generated by Benzinga's automated content engine and reviewed by an editor.