Xcel Energy (NYSE:XEL) posted its quarterly earnings data on Thursday. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.06, MarketWatch Earnings reports. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.98 billion. Xcel Energy had a net margin of 10.06% and a return on equity of 10.44%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 earnings per share. Xcel Energy updated its FY18 guidance to $2.37-2.47 EPS.
NYSE XEL traded up $0.71 on Thursday, reaching $46.48. 2,817,253 shares of the stock were exchanged, compared to its average volume of 3,694,437. Xcel Energy has a one year low of $41.51 and a one year high of $52.22. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.68 and a current ratio of 0.87.
The company also recently announced a quarterly dividend, which was paid on Friday, April 20th. Shareholders of record on Thursday, March 15th were paid a dividend of $0.38 per share. This is a boost from Xcel Energy’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 3.27%.
Xcel Energy Company Profile
Xcel Energy Inc is a public utility holding company. The Company’s operations include the activity of four utility subsidiaries that serve electric and natural gas customers in eight states. The Company’s segments include regulated electric utility, regulated natural gas utility and all other. The Company’s utility subsidiaries include NSP-Minnesota, NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co (SPS), which serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
Receive News & Ratings for Xcel Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Energy and related companies with MarketBeat.com's FREE daily email newsletter.