4 Utilities Stocks on Investing Radars Post Earnings

Dominion Resources Inc. (NYSE:D) reported its results for the first quarter. Net income for Dominion Resources Inc. rose to $494 million (86 cents per share) vs. $479 million (82 cents per share) in the same quarter a year earlier. This marks a rise of 3.1% from the year-earlier quarter. Dominion Resources Inc. reported adjusted net income of 85 cents per share. By that measure, the company fell short of mean estimate of 87 cents per share.

CMS Energy Corporation (NYSE:CMS) posted a decrease in profit as revenue declined. Net income for CMS Energy Corporation fell to $67 million (25 cents per share) vs. $135 million (52 cents per share) a year earlier. This is a decline of 50.4% from the year-earlier quarter. Revenue fell 15.2% to $1.74 billion from the year-earlier quarter. CMS Energy Corporation reported adjusted net income of 37 cents per share. By that measure, the company fell short of mean estimate of 39 cents per share. It fell short of the average revenue estimate of $2.18 billion.

Xcel Energy Inc (NYSE:XEL) reported its results for the first quarter. Net income for the utility-electric power fell to $184 million (38 cents per share) vs. $203.6 million (42 cents per share) a year earlier. This is a decline of 9.6% from the year-earlier quarter. Revenue fell 8.5% to $2.58 billion from the year-earlier quarter. Xcel Energy Inc beat the mean analyst estimate of 37 cents per share. It fell short of the average revenue estimate of $2.72 billion.

Entergy Corporation (NYSE:ETR) swung to a loss in the first quarter. Reported a loss of $146.7 million (86 cents per diluted share) in the quarter. The utility-electric power had net income of $253.7 million or $1.38 per share in the year-earlier quarter. Entergy Corporation reported adjusted net income of 44 cents a share. By this measure, it beat the mean analyst estimate of 54 cents per share.