XEL Misses Q3 Earnings & Revenue Estimates, Plans to Invest $45B
Xcel Energy's third-quarter earnings miss estimates. The company continues to add new customers and plans to invest $45 billion in 2025-2029.
Xcel Energy Inc. (XEL) Q3 2024 Earnings Call Transcript
Xcel Energy Inc. (NASDAQ:XEL ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Paul Johnson – Vice President, Treasury and Investor Relations Bob Frenzel – President, Chairman, Chief Executive Officer Brian Van Abel – Executive Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella – Barclays Steve Fleishman – Wolfe Research Carly Davenport – Goldman Sachs Jeremy Tonet – JPMorgan Julien Dumoulin-Smith – Jefferies Durgesh Chopra – Evercore ISI Ross Fowler – Bank of America Sophie Karp – KeyBanc Travis Miller – Morningstar Paul Patterson – Glenrock Associates Operator Hello, and welcome to Xcel Energy's Third Quarter 2024 Earnings Call. My name is Melissa, and I will be your coordinator for today's event.
Compared to Estimates, Xcel (XEL) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Xcel (XEL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Xcel Energy (XEL) Q3 Earnings and Revenues Lag Estimates
Xcel Energy (XEL) came out with quarterly earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.23 per share a year ago.
Xcel Energy to Report Q3 Earnings: What's in the Offing for the Stock?
XEL's third-quarter earnings are likely to have benefited from new customer additions and increasing demand from the data centers.
Unveiling Xcel (XEL) Q3 Outlook: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Xcel (XEL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Xcel Energy (XEL) Earnings Expected to Grow: Should You Buy?
Xcel (XEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
XEL vs. AEP: Which Stock Should Value Investors Buy Now?
Investors interested in Utility - Electric Power stocks are likely familiar with Xcel Energy (XEL) and American Electric Power (AEP). But which of these two stocks offers value investors a better bang for their buck right now?
Here's Why You Should Add Xcel Energy Stock to Your Portfolio Now
XEL makes a strong case for investment, given its growth prospects, return on equity and capability to increase shareholders' value.
Xcel Energy: A Dividend Growth Stock On Sale Now
Xcel Energy remains a buy due to its strong growth outlook, undervalued share price, and stable balance sheet. XEL's ongoing diluted EPS is projected to grow by 6% in 2024, with further growth anticipated through 2026. The utility's dividend is secure, with a low payout ratio and a 21-year growth streak, promising continued increases.
XEL or PEG: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Xcel Energy (XEL) and PSEG (PEG). But which of these two companies is the best option for those looking for undervalued stocks?
AI demand could strain electrical grid in coming decade
Data centers in the U.S. could consume as much electricity by 2030 as some entire industrialized economies. The power demand from data centers is expected to soar just as a growing number of coal plants are retired as part of the transition away from fossil fuels.
