Investing.com - Xcel Energy reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Xcel Energy announced earnings per share of $1.18 on revenue of $4.08. Analysts polled by Investing.com EPS of $1.26 on revenue of $3.92B.
Xcel Energy 's are down 4% and is trading at $62.49 , still down 17.27% from its 52 week high of $77.66 set on Monday, September 12, 2022.
Xcel Energy shares lost 2.74% to trade at $62.49 in pre-market trade the report.
Xcel Energy follows other major Utilities sector earnings this month
Xcel Energy's report follows an earnings beat by Southern on Thursday, who reported EPS of $1.35 on revenue of $8.38B, EPS of $1.3 on revenue of $6.84B.
American Electric Power had beat expectations on Thursday with third quarter EPS of $1.62 on revenue of $5.5B, for EPS of $1.55 on revenue of $4.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar