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Xcel: 1Q Earnings Snapshot

MINNEAPOLIS (AP) _ Xcel Energy Inc. (XEL) on Thursday reported first-quarter earnings of $315 million.

On a per-share basis, the Minneapolis-based company said it had net income of 61 cents.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 61 cents per share.

The utility posted revenue of $3.14 billion in the period.

Xcel expects full-year earnings in the range of $2.55 to $2.65 per share.

Xcel shares have increased 12 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 17 percent. The stock has increased 21 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on XEL at