Xcel Energy Inc. · XEL · Next earnings

Xcel Energy Inc. reports Thursday, Feb 4, 2027

XEL reports before market open with consensus EPS at $0.86 and revenue at $4.07B. Last quarter: Xcel pairs strong Q3 with a larger capital and load-growth plan

Reports Before market open92 days awayDate estimated Utilities

What the street expects

Consensus for the coming report
Consensus EPS $0.86 Calendar consensus
Consensus revenue $4.07B Calendar consensus
Report date Feb 4, 2027 Thursday, date estimated
Session Before market open 92 days away

Where XEL left off: FY2026 Q3

Full report

Xcel pairs strong Q3 with a larger capital and load-growth plan

EPS surprise — Reported — vs $1.39
Revenue surprise — Reported — vs $4.26B
Stock move +2.4% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained its outlook, with 2026 EPS guidance tightened to $4.10-$4.16 and 2027 guidance initiated at $4.48-$4.62.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Regulatory and rate-case outcomes could affect capital recovery and rate stabilization.
  • Delays in large-load tariff approvals or data-center agreements could defer demand growth.
  • Wildfire mitigation, interest expense, equity financing, and project execution could pressure returns or costs.

Questions analysts left open

  • Whether rate-base growth can support projected EPS growth without excessive equity dilution.
  • Timing of large-load tariffs and data-center energy service agreements.
  • Execution, regulatory, and financing risks across the expanded capital plan.

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Recent XEL quarters

All XEL earnings
+2.4%FY2026 Q3-0.7%FY2026 Q2+5.2%FY2026 Q1-0.1%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.