Xcel Energy (NYSE: XEL) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Xcel Energy's revenues will grow 7.3% and EPS will grow 2.6%.

The average estimate for revenue is $2.44 billion. On the bottom line, the average EPS estimate is $0.39.

Revenue details
 Last quarter, Xcel Energy booked revenue of $2.78 billion. GAAP reported sales were 7.9% higher than the prior-year quarter's $2.58 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.48. GAAP EPS of $0.48 for Q1 were 26% higher than the prior-year quarter's $0.38 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 29.3%, 160 basis points better than the prior-year quarter. Operating margin was 16.3%, 160 basis points better than the prior-year quarter. Net margin was 8.5%, 140 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $10.84 billion. The average EPS estimate is $1.90.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Xcel Energy is hold, with an average price target of $28.89.

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