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Xcel Energy Inc (XEL)
NASDAQ:XEL
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.91Last Year’s EPS
0.88Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 2.02%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view of achievements in renewable energy projects and infrastructure investments, while also highlighting challenges such as increased operational costs and higher interest expenses. The company's strong track record in meeting guidance and achieving milestones in renewable energy projects was offset by earnings below the midpoint for the first time in over 15 years.Company Guidance
In the Xcel Energy 2024 Year End Earnings Conference Call, the company provided comprehensive guidance for 2025, forecasting ongoing earnings per share (EPS) in the range of $3.75 to $3.85, representing a 7% growth at the midpoint from the 2024 ongoing EPS of $3.50. They detailed a $45 billion five-year capital plan, anticipating rate base growth exceeding 9% and targeting long-term EPS growth in the upper half of their 6% to 8% guidance range. Xcel Energy highlighted significant 2024 investments of over $7.5 billion across eight states to enhance infrastructure, including advanced grid technologies and carbon-free generation. The company also emphasized operational resilience, achieving a 97% wind fleet availability, and progress on major projects like the Sherco solar facility and the Colorado Power Pathway. They reaffirmed their commitment to maintaining low customer bills and achieving an 80% carbon reduction by 2030 while addressing sales growth expectations, particularly with data centers and the oil and gas sector, projecting a 3% sales increase in 2025.Strong Capital Investment
Invested more than $7.5 billion in infrastructure across eight states to support customer energy needs, focusing on advanced technology, reliable grid development, and carbon-free generation.
Ongoing Earnings and Guidance Achievement
Delivered ongoing earnings of $3.50 per share, meeting guidance for the 20th consecutive year, despite challenges.
Renewable Energy Milestones
Phase 1 of Sherco's solar project started commercial operations, positioning it to become the largest solar facility in the Upper Midwest upon completion.
High Wind Fleet Availability
Achieved a wind fleet availability of 97%, marking the best performance in five years and meeting first quartile benchmarks.
Transmission Expansion
Began construction on the final segment of the Colorado Power Pathway project, a 675-mile transmission loop facilitating 5,000 megawatts of energy resources in Eastern Colorado.
Cost Management and Customer Savings
Continuous improvement programs generated nearly $500 million in sustainable savings for customers since 2020. Average residential bills remain below national averages.
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XEL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XEL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $67.95 | $67.12 | -1.22% |
| Oct 31, 2024 | $62.53 | $66.26 | +5.97% |
| Aug 01, 2024 | $57.31 | $58.12 | +1.41% |
| Apr 25, 2024 | $53.86 | $53.54 | -0.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Xcel Energy Inc (XEL) report earnings?
Xcel Energy Inc (XEL) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Xcel Energy Inc (XEL) earnings time?
Xcel Energy Inc (XEL) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XEL EPS forecast?
XEL EPS forecast for the fiscal quarter 2025 (Q1) is 0.91.
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