Xcel Energy Earnings: Everything You Must Know Now

Xcel Energy Inc. (NYSE:XEL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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Xcel Energy Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 26.32% to $0.48 in the quarter versus EPS of $0.38 in the year-earlier quarter.

Revenue: Rose 7.94% to $2.78 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Xcel Energy Inc. reported adjusted EPS income of $0.48 per share. By that measure, the company beat the mean analyst estimate of $0.45. It beat the average revenue estimate of $2.77 billion.

Quoting Management: “We had a good first quarter delivering solid earnings, while maintaining quality service and reliability,” said Ben Fowke, Chairman, President and Chief Executive Officer. “We are reaffirming our 2013 earnings guidance of $1.85 to $1.95 per share, which is dependent on several key assumptions, including constructive outcomes in all rate case and regulatory proceedings.”

Key Stats (on next page)…

Revenue increased 9.08% from $2.55 billion in the previous quarter. EPS increased 65.52% from $0.29 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.39 and has not changed. For the current year, the average estimate is a profit of $1.90, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)