- Insider Monkey
Xcel Energy Inc. (NASDAQ:XEL) Q1 2024 Earnings Call Transcript
Xcel Energy Inc. (NASDAQ:XEL) Q1 2024 Earnings Call Transcript April 25, 2024 Xcel Energy Inc. beats earnings expectations. Reported EPS is $0.88, expectations were $0.78. Xcel Energy Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to […]
- Zacks
Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates
Xcel Energy (XEL) reports better-than-expected first-quarter earnings. The company continues to register an increase in electric and natural gas customer volumes.
- Reuters
UPDATE 1-Xcel Energy posts Q1 profit beat despite mounting wildfire liabilities
Xcel Energy posted a better-than-expected first-quarter profit on Thursday, even as the electric and natural gas utility faced growing liabilities tied to the largest wildfire in Texas history. Xcel faces 15 lawsuits in connection with the Texas Smokehouse Creek blaze, which burned more than 1 million acres in the Lone Star state this year, with at least two of the complaints claiming the utility was negligent in maintaining electrical infrastructure that led to the fire. Anticipating losses from the Smokehouse Creek Fire, Xcel recorded a pre-tax charge during the quarter of $215 million, which it called the low-end of a range.
