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Xcel: Q4 Earnings Snapshot

MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Xcel Energy Inc. (XEL) on Thursday reported fourth-quarter net income of $567 million.

On a per-share basis, the Minneapolis-based company said it had net income of 95 cents. Earnings, adjusted for non-recurring costs, came to 96 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.

The utility posted revenue of $3.56 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $3.73 billion.

For the year, the company reported profit of $2.02 billion, or $3.42 per share. Revenue was reported as $14.67 billion.

Xcel expects full-year earnings in the range of $4.04 to $4.16 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XEL at https://www.zacks.com/ap/XEL

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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