Xcel Energy Q3 2024 Adj. EPS $1.25 Misses $1.26 Estimate, Sales $3.644B Miss $3.925B Estimate
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy reported its Q3 2024 financial results, with adjusted EPS of $1.25 missing the estimate of $1.26, and sales of $3.644 billion falling short of the expected $3.925 billion.
October 31, 2024 | 10:05 am
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NEGATIVE IMPACT
Xcel Energy's Q3 2024 earnings report shows a slight miss on both EPS and sales estimates, which could lead to short-term negative sentiment among investors.
The earnings per share (EPS) and sales figures both missed analyst expectations, which typically results in negative investor sentiment and potential short-term stock price decline. The miss, although slight, indicates performance issues that may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100