Xcel Energy Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Xcel Energy (NYSE:XEL) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. Xcel Energy is a holding company that is engaged in the generation, purchase, transmission, distribution and sale of electricity and natural gas.

Xcel Energy Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 28 cents per share, a decline of 3.4% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 30 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 28 cents during the last month. For the year, analysts are projecting profit of $1.81 per share, a rise of 5.2% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 78 cents per share versus a mean estimate of profit of 72 cents per share.

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A Look Back: In the third quarter, profit rose 17.7% to $398.1 million (81 cents a share) from $338.3 million (69 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 3.8% to $2.72 billion from $2.83 billion.

Here’s how Xcel traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

xel

Wall St. Revenue Expectations: Analysts are projecting a rise of 14% in revenue from the year-earlier quarter to $2.93 billion.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.07 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of three-straight quarters of revenue declines. Revenue fell 8.5% in the first quarter and 6.7% in second quarter before falling again in the third quarter.

Analyst Ratings: There are mostly holds on the stock with 12 of 15 analysts surveyed giving that rating.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)