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Xcel Sees Higher-Than-Expected Earnings

 

Xcel Energy (XEL Quote) said Tuesday its earnings for the first quarter and full year would surpass analysts' estimates.

At an analysts' conference in New York and also in a Securities and Exchange Commission filing, the Minneapolis-based public utility holding company said it expected earnings of 60 cents to 65 cents a share in the first quarter, well above the two-analyst consensus of 49 cents a share reported by Thomson Financial/First Call. ...

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