Summary
Xcel Energy Inc. (XEL) filed an 8-K on November 17, 2010, to disclose information for an upcoming investor meeting. Management is scheduled to meet with European investors in London and Paris on November 18th and 19th, 2010. The purpose of these meetings is to provide an update on the company's operations and business plans. Key financial takeaways from the disclosure include a reiteration of Xcel Energy's 2010 earnings per diluted share guidance, which is expected to be in the upper half of the previously announced range of $1.55 to $1.65. Additionally, the company reaffirmed its ongoing earnings guidance for 2011, projecting it to be between $1.65 and $1.75 per diluted share. Investors interested in these presentations can access slides and a webcast link via a provided URL.
Key Highlights
- 1Xcel Energy Inc. management will meet with European investors on November 18-19, 2010, in London and Paris.
- 2The meetings are intended to provide updates on company operations and business plans.
- 32010 earnings per diluted share guidance reiterated to be in the upper half of the $1.55-$1.65 range.
- 42011 ongoing earnings per diluted share guidance reiterated to be between $1.65 and $1.75.
- 5Presentation slides and webcast link will be made available to interested investors.
- 6The report includes standard forward-looking statement disclaimers, highlighting potential risks and uncertainties.