© Reuters. NextEra Energy Earnings Beat, Revenue Misses In Q1
Investing.com – NextEra Energy (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that fell short of expectations.
NextEra Energy announced earnings per share of $0.74 on revenue of $2.89B. Analysts polled by Investing.com anticipated EPS of $0.6759 on revenue of $5.11B.
NextEra Energy shares are down 9.62% from the beginning of the year, still down 13.04% from its 52 week high of $93.73 set on December 31, 2021. They are under-performing the S&P 500 which is down 6.44% from the start of the year.
NextEra Energy shares gained 0.66% in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy’s report follows an earnings missed by Sabesp ADR on March 25, who reported EPS of $0.1745 on revenue of $1.06B, compared to forecasts EPS of $0.1882 on revenue of $751.86M.
Nextera Energy Partners LP had beat expectations on Thursday with first quarter EPS of $1.72 on revenue of $281M, compared to forecast for EPS of $0.4021 on revenue of $412.99M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Be the first to comment