(RTTNews) - Xcel Energy Inc (XEL) released a profit for its first quarter that climbed from last year.
The company's profit totaled $362 million, or $0.67 per share. This compares with $295 million, or $0.56 per share, in last year's first quarter.
Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 26.0% to $3.54 billion from $2.81 billion last year.
Xcel Energy Inc earnings at a glance:
-Earnings (Q1): $362 Mln. vs. $295 Mln. last year. -EPS (Q1): $0.67 vs. $0.56 last year. -Analysts Estimate: $0.61 -Revenue (Q1): $3.54 Bln vs. $2.81 Bln last year.
-Guidance: Full year EPS guidance: $2.90 to $3.00
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