28.01.2021 12:14:05

Xcel Energy Inc Reveals Fall In Q4 Profit

(RTTNews) - Xcel Energy Inc (XEL) reported a profit for fourth quarter that dropped from last year.

The company's earnings came in at $288 million, or $0.54 per share. This compares with $292 million, or $0.56 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.4% to $2.95 billion from $2.80 billion last year.

Xcel Energy Inc earnings at a glance:

-Earnings (Q4): $288 Mln. vs. $292 Mln. last year. -EPS (Q4): $0.54 vs. $0.56 last year. -Analysts Estimate: $0.54 -Revenue (Q4): $2.95 Bln vs. $2.80 Bln last year.

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