Xcel Energy Narrows FY2023 Adj EPS Guidance from $3.30-3.40 to $3.32-3.37 vs $3.36 Est
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy has revised its FY2023 adjusted EPS guidance from $3.30-$3.40 to $3.32-$3.37, slightly below the estimated $3.36. The company has also initiated its 2024 EPS guidance at $3.50-$3.60 per share.
October 27, 2023 | 10:09 am
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NEGATIVE IMPACT
Xcel Energy's revised FY2023 EPS guidance is slightly below the estimated $3.36, which may negatively impact the stock price in the short term. However, the initiation of 2024 EPS guidance could provide some positive sentiment.
The company's revised FY2023 EPS guidance is slightly below the estimated $3.36, which could lead to a negative sentiment among investors and potentially a decrease in the stock price. However, the initiation of 2024 EPS guidance could provide some positive sentiment and offset some of the negative impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100