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Investing.com - Xcel Energy reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Xcel Energy announced earnings per share of $1.14 on revenue of $3.18B. Analysts polled by Investing.com EPS of $1.07 on revenue of $3.37B.
Xcel Energy 's are up 10% and is trading at $70.26 , still down 5.58% from its 52 week high of $74.41 set on Monday, October 12, 2020.
Xcel Energy follows other major Utilities sector earnings this month
Xcel Energy's report follows an earnings matched by American Electric Power on Thursday, October 22, 2020, who reported EPS of $1.47 on revenue of $4.1B, EPS of $1.47 on revenue of $4.4B.
Enterprise Products Partners LP had beat expectations on Wednesday with third quarter EPS of $0.51 on revenue of $6.92B, for EPS of $0.48 on revenue of $7.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar