MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Xcel Energy Inc. (XEL) on Thursday reported third-quarter net income of $960 million.
The Minneapolis-based company said it had net income of $1.52 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The utility posted revenue of $4.17 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.15 billion.
Xcel expects full-year earnings in the range of $4.10 to $4.16 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XEL at https://www.zacks.com/ap/XEL
