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8 out of 10 S&P 500 utility stocks beat EPS estimates this week: Earnings Scorecard

May 02, 2026, 12:15 AM ETState Street Utilities Select Sector SPDR ETF (XLU)CMS, EIX, ETR, FE, SO, IDU, VPU, JXI, FXU, FUTYBy: Arundhati Sarkar, SA News Editor

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Eight out of the 10 S&P 500 utilities companies that reported their quarterly results this week surpassed earnings expectations. On the revenue front too, eight out of the 10 companies beat Wall Street forecasts.

The State Street Utilities Select Sector

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