2 Energy Stocks Building Investor Demand Before Earnings

Xcel Energy, Inc. (NYSE:XEL) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 30 cents per share, a rise of 3.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 31 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 30 cents during the last month. Analysts are projecting profit to rise by 7.4% versus last year to $1.74.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting profit of 69 cents per share, and the previous quarter, it had net income of 33 cents. Analysts are projecting a rise of 7% in revenue from the year-earlier quarter to $2.75 billion.

Competitors to Watch: Integrys Energy Group, Inc. (NYSE:TEG), ALLETE, Inc. (NYSE:ALE), Alliant Energy Corporation (NYSE:LNT), PNM Resources, Inc. (NYSE:PNM), Black Hills Corporation (NYSE:BKH), Wisconsin Energy Corp. (NYSE:WEC), MGE Energy, Inc. (NASDAQ:MGEE), El Paso Electric Company (NYSE:EE), CMS Energy Corporation (NYSE:CMS), and Duke Energy Corporation (NYSE:DUK).

Wisconsin Energy Corp (NYSE:WEC) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 47 cents per share, a decline of 11.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 50 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 49 cents during the last month. For the year, analysts are projecting profit of $2.15 per share, a rise of 12% from last year.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 55 cents per share versus a mean estimate of profit of 49 cents per share. Analysts are projecting a rise of 0.9% in revenue from the year-earlier quarter to $1.1 billion.

Competitors to Watch: DTE Energy Company (NYSE:DTE), CMS Energy Corporation (NYSE:CMS), Integrys Energy Group, Inc. (NYSE:TEG), The Empire District Electric Co. (NYSE:EDE), Alliant Energy Corporation (NYSE:LNT), Avista Corporation (NYSE:AVA), SCANA Corporation (NYSE:SCG), CH Energy Group, Inc. (NYSE:CHG), Ameren Corporation (NYSE:AEE), and Dominion Resources, Inc. (NYSE:D).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com