Summary
Xcel Energy Inc. (XEL) filed an 8-K on November 29, 2010, to announce an upcoming investor meeting scheduled for November 30 and December 1, 2010. During this meeting, management plans to provide updates on the company's operations and business strategies. A key takeaway for investors is the reiteration of financial guidance: Xcel Energy expects its 2010 ongoing earnings per diluted share to fall within the upper half of its previously issued guidance range of $1.55 to $1.65. Additionally, the company provided its initial ongoing earnings per diluted share guidance for 2011, targeting a range of $1.65 to $1.75.
Key Highlights
- 1Xcel Energy Inc. is holding investor meetings on November 30 and December 1, 2010.
- 2Management will provide updates on operations and business plans.
- 32010 ongoing earnings per diluted share guidance is reiterated to be in the upper half of the $1.55 - $1.65 range.
- 42011 ongoing earnings per diluted share guidance is provided, projecting $1.65 - $1.75.
- 5Presentation materials will be available on December 1, 2010, via a specified URL.
- 6The filing includes standard forward-looking statement disclaimers regarding risks and uncertainties.