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Investing.com - Xcel Energy reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Xcel Energy announced earnings per share of $0.54 on revenue of $2.59B. Analysts polled by Investing.com EPS of $0.47 on revenue of $2.66B.
Xcel Energy 's are up 11% and is trading at $68.73 , still down 4.73% from its 52 week high of $72.14 set on Monday, February 24, 2020.
Xcel Energy follows other major Utilities sector earnings this month
Xcel Energy's report follows an earnings beat by NextEra Energy on Friday, July 24, 2020, who reported EPS of $2.61 on revenue of $4.2B, EPS of $2.5 on revenue of $5.17B.
Enbridge had beat expectations on Wednesday with second quarter EPS of $0.42 on revenue of $10.52B, for EPS of $0.41 on revenue of $9.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar