Xcel Energy Inc (NYSE: XEL) reported Q3 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $3.13 billion.

Xcel Energy Inc sees FY2014 EPS of $1.95-$2.05, versus prior guidance of $1.9-$2.05 and the consensus of $2.01.

Xcel Energy Inc sees FY2014 EPS of $2.00-$2.15, versus the consensus of $2.10.

“While weather was unfavorable, we had a solid quarter that keeps us on track to achieve our 2014 ongoing earnings guidance and allows us to narrow the range to $1.95 to $2.05 per share,” said Chairman, President and Chief Executive Officer Ben Fowke. “Our O&M expenses were down for the quarter and we are positioned to meet our annual O&M growth objective of 2 to 3 percent for 2014. We also made progress in various regulatory proceedings across our jurisdictions. For the pending multi-year Minnesota electric rate case, we reached agreement with stakeholders on several key issues and continue to believe that we will achieve constructive outcomes on the remaining items.”

“Looking ahead, the updated capital plan we released today positions us to continue to be competitive and supports an attractive value proposition of 4 to 6 percent annual growth in earnings per share and our dividend. We are also introducing our 2015 ongoing earnings guidance of $2.00 to $2.15 per share,” stated Fowke.

For earnings history and earnings-related data on Xcel Energy Inc (XEL) click here.