Xcel Energy Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Xcel Energy, Inc. (NYSE:XEL) will unveil its latest earnings on Thursday, October 27, 2011. 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 65 cents per share, a decline of 3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 64 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 65 cents during the last month. For the year, analysts are projecting profit of $1.72 per share, a rise of 6.2% from last year.

Past Earnings Performance: The company topped forecasts last quarter after being in line with estimates the quarter prior. In the second quarter, it reported net income of 33 cents per share versus a mean estimate of 32 cents. Two quarters ago, it reported profit of 42 cents per share.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: Analysts are projecting a rise of 10.3% in revenue from the year-earlier quarter to $2.9 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 second quarter, profit rose 13.6% to $158.8 million (33 cents a share) from $139.8 million (30 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 5.7% to $2.44 billion from $2.31 billion.

Key Stats:

The company has seen net income rise in two straight quarters. In the first quarter, profit rose 21.8%.

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose 0.3%.

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).

Stock Price Performance: During July 29, 2011 to October 24, 2011, the stock price had risen $1.78 (7.5%) from $23.75 to $25.53. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 4, 2011 when shares rose for 11-straight days, rising 2.6% (+61 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 6, 2011 when shares fell for five-straight days, falling 2.2% (-53 cents) over that span. Shares are up $2.72 (+11.9%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.