Xcel Energy Q2 EPS $0.52 Misses $0.57 Estimate, Sales $3.02B Miss $3.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy reported Q2 earnings of $0.52 per share, missing the analyst consensus estimate of $0.57 by 8.77%. This is a 13.33% decrease from the same period last year. The company also reported quarterly sales of $3.02 billion, missing the analyst consensus estimate of $3.38 billion by 10.59%. This is a 11.74% decrease from the same period last year.
July 27, 2023 | 10:06 am
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NEGATIVE IMPACT
Xcel Energy's Q2 earnings and sales missed estimates and decreased from the same period last year.
Xcel Energy's earnings and sales for Q2 both missed analyst estimates and decreased from the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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