- Xcel Energy reported an ongoing Earnings Per Share (EPS) of 88c for Q1, beating the estimate of 77c and showing an increase from the previous year’s 76c.
- The company’s operating revenue witnessed an 11% year on year decrease to reach $3.65 billion, which fell short of the estimated $4.22 billion.
- Electric operating revenue amounted to $2.69 billion, marking a 2.8% decrease compared to the previous year.
- Natural gas operating revenue significantly dropped by 27% on a yearly basis to stand at $941 million.
- Other operating revenue similarly witnessed a decline, decreasing by 21% year on year to $23 million.
- Despite the mixed Q1 results, Xcel Energy’s forecast for the year remains unchanged, with expected EPS between $3.50 and $3.60, which closely matches the estimated $3.57.
- Regarding market sentiments, Xcel Energy’s stock has attracted a variety of ratings. As it stands, there are 9 buys, 7 holds and 1 sell.
A look at Xcel Energy Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 shows a solid performance in key areas. With a respectable Dividend score of 4, the company is providing attractive returns to investors through dividend payouts. Coupled with a Value score of 3, this indicates that Xcel Energy Inc is trading at reasonable valuations relative to its fundamentals. In terms of Momentum and Growth, both scored at 3, showing a steady pace of development and market movement. However, the Resilience score of 2 suggests some vulnerabilities in the face of challenges or disruptions.
Xcel Energy Inc, a provider of electric and natural gas services across various states in the US, seems to have a generally positive long-term outlook. While the company exhibits strength in Dividend payouts and is perceived as having value in the market, its lower Resilience score could be an area of concern. Overall, considering its broad scope of energy-related services and widespread customer base, Xcel Energy Inc is positioned as a stable player in the industry with room for growth and potential for further improvements in key areas.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
