Summary
Xcel Energy Inc. (XEL) filed a Form 8-K on November 4, 2011, to announce that management would be presenting at the Edison Electric Institute Conference from November 6-9, 2011. The primary purpose of this filing is to provide investors with updated information on the company's operations and business plans. Key takeaways for investors include the reiteration of Xcel Energy's positive earnings outlook. The company expects its 2011 ongoing earnings per diluted share to fall within the upper half of its previously provided guidance range of $1.65 to $1.75. Furthermore, Xcel Energy reiterated its 2012 ongoing earnings guidance, projecting earnings per diluted share between $1.75 and $1.85. Presentation materials will be made available online for interested investors.
Key Highlights
- 1Xcel Energy management to present at the Edison Electric Institute Conference (Nov 6-9, 2011).
- 2Reiterated 2011 ongoing diluted EPS guidance is in the upper half of the $1.65 - $1.75 range.
- 3Reiterated 2012 ongoing diluted EPS guidance is between $1.75 - $1.85.
- 4Presentation materials will be accessible to investors via a URL.
- 5Filing includes standard forward-looking statement disclaimers and risk factors.
- 6The report focuses on investor communications and guidance reiteration, not new financial events.