- Xcel Energy’s ongoing earnings per share (EPS) for the fourth quarter stand at 81 cents, which is below the previous year’s 83 cents and the estimated 88 cents.
- The company’s operating revenue reached $3.12 billion, marking a 9.4% decline compared to the previous year, and missing the estimated $4.12 billion.
- Electric operating revenue fell by 11% year-over-year, amounting to $2.41 billion.
- Natural gas operating revenue saw a slight decrease of 3.3% year-over-year, totaling $695 million.
- Other operating revenue experienced a significant drop of 46% year-over-year, coming in at $15 million.
- For the full year, Xcel Energy forecasts an EPS between $3.75 and $3.85, aligning closely with the estimate of $3.82.
- Among analysts covering Xcel Energy, there are 12 buy ratings, 4 hold ratings, and 1 sell rating.
Xcel Energy Inc on Smartkarma
Analyst coverage of Xcel Energy Inc on Smartkarma, an independent investment research network, highlights key insights for investors. Baptista Research, in their report “Xcel Energy: Revenue Growth from Data Centers & Electrification & Other Major Drivers,” notes that Xcel Energy’s third-quarter 2024 earnings were $1.25 per share, driven by rate cases, non-fuel riders, and higher AFUDC. This demonstrates the company’s focus on financial performance and growth prospects.
Furthermore, Baptista Research‘s analysis in “Xcel Energy Inc.: A Story Of Infrastructure Modernization for Enhanced Resilience! – Major Drivers” underscores the company’s commitment to upgrading energy infrastructure. With earnings per share of $0.54 in the second quarter of 2024 and $1.7 billion spent on infrastructure enhancements, Xcel Energy exhibits disciplined execution and a robust business model, positioning itself for enhanced resilience and reliability in its operations.
A look at Xcel Energy Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Xcel Energy Inc is positioned favorably for the long term. With a solid Dividend score of 4, the company showcases a strong commitment to rewarding its investors. Combined with a Momentum score of 4, Xcel Energy’s stock shows positive price trends that could potentially continue in the future. Although the company scores lower on Resilience and Value factors, with scores of 2 and 3 respectively, its overall outlook remains promising due to robust Dividend and Momentum scores.
Xcel Energy, Inc. provides essential electric and natural gas services across multiple states in the United States. Offering a range of energy-related services, including generation, transmission, and distribution, Xcel serves customers in various regions such as Colorado, Michigan, Minnesota, and others. With a balanced mix of Value, Dividend, Growth, Resilience, and Momentum scores, Xcel Energy is poised to navigate the dynamic energy market while providing reliable services to its diverse customer base.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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