Xcel Energy Inc (XEL) released a profit for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $483 million, or $0.84 per share. This compares with $488 million, or $0.88 per share, last year.
Analysts on average had expected the company to earn $0.92 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.0% to $3.906 billion from $3.649 billion last year.
Xcel Energy Inc earnings at a glance (GAAP) :
-Earnings: $483 Mln. vs. $488 Mln. last year.
-EPS: $0.84 vs. $0.88 last year.
-Revenue: $3.906 Bln vs. $3.649 Bln last year.
-Guidance:
Full year EPS guidance: $3.75 to $3.85
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