Xcel Energy (NASDAQ:XEL) reported fourth quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.42 on revenue of $2.88B. Analysts polled by anticipated EPS of $0.42 on revenue of $3.33B. That compared to EPS of $0.42 on revenue of $2.77B in the same period a year earlier. The company had reported EPS of $0.96 on revenue of $3.05B in the previous quarter.
Xcel Energy follows other major Utilities sector earnings this month
On January 25, NextEra Energy reported fourth quarter EPS of $1.49 on revenue of $4.39B, compared to forecasts of EPS of $1.53 on revenue of $4.97B.
Kinder Morgan earnings missed analyst's expectations on January 16, with fourth quarter EPS of $0.25 on revenue of $3.78B. analysts expected EPS of $0.26 on revenue of $3.82B
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