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Xcel Energy (XEL)
:XEL
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.89Last Year’s EPS
0.83Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 6.70%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view of Xcel Energy's performance, highlighting successful earnings growth, substantial investments in energy infrastructure, and a promising sales growth forecast. However, these positive aspects were offset by increased operational costs, higher interest expenses, and challenges related to wildfire mitigation and regulatory decisions.Company Guidance
During the Xcel Energy Q3 2024 earnings call, the company provided detailed guidance for the upcoming year, emphasizing several key metrics. Xcel reaffirmed its 2024 ongoing earnings guidance range of $3.50 to $3.60 per share and introduced its 2025 earnings guidance range of $3.75 to $3.85 per share, reflecting a 7% growth from the midpoint of the 2024 guidance. The company also updated its long-term EPS growth objective to 6% to 8% with expectations to deliver earnings in the upper half of the range. Additionally, Xcel introduced a revised five-year capital investment plan totaling $45 billion, with an annual rate base growth of 9.4%. This plan focuses on supporting clean energy initiatives, customer electrification, new load growth, and ensuring safety and reliability. The company anticipates a 5% per year electric sales growth over the next five years, with approximately 50% of this growth attributed to data centers. Xcel also noted a significant $1.1 billion equity issuance through its ATM program in 2024 as part of its balanced financing strategy.Ongoing Earnings Growth
Xcel Energy delivered ongoing earnings of $1.25 per share for the third quarter of 2024, compared to $1.23 per share in 2023.
Resilient and Reliable Energy Infrastructure Investment
Invested $2 billion in resilient and reliable energy infrastructure during the quarter.
Strong Sales Growth Forecast
Forecasts a 5% annual electric sales growth over the next five years, driven largely by data centers and other industries.
Updated Capital Investment Plan
Introduced a $45 billion 5-year capital investment plan, focusing on clean energy, customer electrification, and safety.
Storm Response and Customer Reliability
Provided industry-leading storm response and strong customer reliability despite challenging conditions.
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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 |
|---|---|---|---|
| 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% |
| Jan 25, 2024 | $56.07 | $56.71 | +1.14% |
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 (XEL) report earnings?
Xcel Energy (XEL) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Xcel Energy (XEL) earnings time?
Xcel Energy (XEL) earnings time is at Feb 06, 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 2024 (Q4) is 0.89.
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