Xcel Energy Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Xcel Energy, Inc. (NYSE:XEL) will unveil its latest earnings on Thursday, April 26, 2012. Xcel Energy is a holding company that is engaged in the generation, purchase, transmission, distribution and sale of electricity and natural gas.

Xcel Energy, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 39 cents per share, a decline of 7.1% 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 44 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 42 cents during the last month. Analysts are projecting profit to rise by 3.5% versus last year to $1.78.

Past Earnings Performance: Last quarter, the company missed estimates by one cent, coming in at profit of 29 cents per share versus a mean estimate of net income of 30 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 4 cents.

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Wall St. Revenue Expectations: Analysts predict a decline of 3.5% in revenue from the year-earlier quarter to $2.72 billion.

Analyst Ratings: Analysts seem relatively indifferent about Xcel Energy with nine of 16 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 2.8% to $140.5 million (29 cents a share) from $136.6 million (28 cents a share) the year earlier, but fell short analyst expectations. Revenue remained stable at $2.57 billion.

Key Stats:

The upcoming earnings announcement is a chance to extend a streak of net income increases. Net income rose 13.6% in the second quarter of the last fiscal year, and 8.3% in the third quarter before rising again in the fourth quarter.

Stock Price Performance: Between February 23, 2012 and April 20, 2012, the stock price had risen 54 cents (2.1%), from $26.22 to $26.76. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 4, 2011, when shares rose for eight straight days, increasing 1.7% (+39 cents) over that span. It saw one of its worst periods between April 3, 2012 and April 11, 2012 when shares fell for six straight days, dropping 2.8% (-76 cents) over that span.

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

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