Xcel Energy Inc Q1 Income Declines, Misses Estimates

(RTTNews) - 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