Investing.com - Xcel Energy (NASDAQ:XEL) 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 anticipated EPS of $1.07 on revenue of $3.37B.
Xcel Energy shares are up 10% from the beginning of the year and are trading at $70.26 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.65% from the start of the year.
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, compared to forecasts 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, compared to forecast 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