Xcel Energy Reaffirms FY24 EPS Guidance Of $3.50 - $3.60 Vs. $3.57 Estimate
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy has reaffirmed its earnings per share (EPS) guidance for fiscal year 2024, projecting an EPS range of $3.50 to $3.60. This projection aligns closely with the analyst estimate of $3.57 for the same period.
April 25, 2024 | 10:08 am
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Xcel Energy reaffirms its FY24 EPS guidance, projecting $3.50 to $3.60, in line with analyst expectations.
Reaffirming EPS guidance, especially when it aligns with analyst estimates, typically instills confidence in investors about the company's financial health and future performance. This announcement is likely to have a positive impact on Xcel Energy's stock price in the short term as it confirms the company's stability and growth prospects.
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