Summary
Xcel Energy Inc. (XEL) filed an 8-K on February 18, 2009, primarily to announce that management would be meeting with investors at the 4th Annual Clean Technology & Renewables Conference on February 19, 2009. During this meeting, the company planned to provide updates on its operations and reaffirm its previously issued 2009 earnings per share (EPS) guidance. Investors should note that the primary purpose of this filing was informational, relating to an upcoming investor presentation. The key takeaway for investors is the reiteration of the 2009 EPS guidance, which was projected to be in the range of $1.45 to $1.55 per share. This suggests management's confidence in their financial outlook for the year at that time, despite the economic environment of early 2009. The company also made available the presentation slides for interested parties via a URL.
Key Highlights
- 1Xcel Energy Inc. announced an upcoming investor meeting at the 4th Annual Clean Technology & Renewables Conference on February 19, 2009.
- 2Management planned to provide operational updates to investors during the conference.
- 3The company reaffirmed its 2009 earnings per share (EPS) guidance.
- 4The reiterated 2009 EPS guidance was set between $1.45 and $1.55 per share.
- 5The filing indicates the availability of presentation slides for investors through a URL.
- 6Benjamin G.S. Fowke III, Executive Vice President and Chief Financial Officer, signed the report.