Xcel Energy Inc (XEL) reported earnings for its second quarter that Increases, from the same period last year and beat the Street estimates.
The company's bottom line came in at $444 million, or $0.75 per share. This compares with $302 million, or $0.54 per share, last year.
Analysts on average had expected the company to earn $0.64 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 8.6% to $3.287 billion from $3.028 billion last year.
Xcel Energy Inc earnings at a glance (GAAP) :
-Earnings: $444 Mln. vs. $302 Mln. last year.-EPS: $0.75 vs. $0.54 last year.-Revenue: $3.287 Bln vs. $3.028 Bln last year.
-Guidance:Full year EPS guidance: $3.75 to $3.85
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