01—Abstract
Summary
Summary of the 8-K filed November 17, 2008. Cited figures are marked; the original filing is the authoritative source.
Xcel Energy Inc. (XEL) filed a Form 8-K on November 17, 2008, to provide an update on upcoming investor meetings scheduled for November 18th and 19th, 2008, in Maryland, Pennsylvania, and New Jersey.
The primary purpose of these meetings is to update investors on the company's operational performance and financial outlook. During these meetings, management plans to reiterate its previously issued earnings guidance for both 2008 and 2009. Specifically, the company intends to confirm the 2008 earnings per share guidance at the lower end of the previously announced range, between $1.45a and $1.50.
For 2009, the earnings per share guidance is also reiterated at $1.45 to $1.55b. Investors interested in the details of these updates can access the presentation slides online.
02—Key points
Key Highlights
- Xcel Energy Inc. is holding investor meetings on November 18-19, 2008.
- Meetings will take place in Maryland, Pennsylvania, and New Jersey.
- Management will provide updates on company operations.
- 2008 earnings per share guidance is reiterated at the low-end: $1.45 to $1.50.
- 2009 earnings per share guidance is reiterated: $1.45 to $1.55.
- Presentation slides will be made available to interested investors online.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to inform investors about upcoming meetings where Xcel Energy Inc. management will provide updates on the company's operations and reiterate its financial guidance for 2008 and 2009.
What is Xcel Energy's reiterated earnings per share guidance for 2008?
Xcel Energy is reiterating its 2008 earnings per share guidance to be at the low-end of its previously stated range, which is $1.45 to $1.50 per share.
What is Xcel Energy's reiterated earnings per share guidance for 2009?
Xcel Energy is reiterating its 2009 earnings per share guidance to be in the range of $1.45 to $1.55 per share.
Where and when are these investor meetings taking place?
The investor meetings are scheduled for November 18th and 19th, 2008, and will be held in Maryland, Pennsylvania, and New Jersey.
04—Continue