MINNEAPOLIS (AP) _ Xcel Energy Inc. (XEL) on Thursday reported second-quarter net income of $287 million.

The Minneapolis-based company said it had profit of 54 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The utility posted revenue of $2.59 billion in the period.

Xcel expects full-year earnings to be $2.73 to $2.83 per share.

Xcel shares have climbed slightly more than 8% since the beginning of the year, while the Standard & Poor's 500 index has risen nearly 1%. The stock has increased 13% in the last 12 months.

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

Automated Insights, source Associated Press News