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NextEra Energy Earnings Beat, Revenue Misses In Q1 -Breaking

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© Reuters. NextEra Energy Revenues Misses Q1 Despite Beats by NextEra Energy

NextEra Energy (NYSE) reported Thursday that the first quarter ended in a better than expected performance. However, revenue was lower than anticipated.

NextEra Energy reported earnings per share at $0.74 on $2.89B in revenue. Investing.com polled analysts and predicted EPS at $0.6759 for revenue of $5.11B.

NextEra Energy shares fell 9.62% over the first year. This is still a decline of 13.04% from its 52-week peak of $93.73 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 increased by 0.6% during pre-market trading following the report.

NextEra Energy is following other Utilities Sector earnings this month

NextEra Energy reported on March 25, following a Sabesp ADR earnings report of $0.1745 on $1.06B revenue. NextEra Energy forecasts an EPS figure of $0.1882 on $751.86M revenue.

Nextera Energy Partners LP beat all expectations with a first quarter EPS at $1.72 on $281M revenue, compared to EPS forecasted at $0.4021 for revenue of $412.99M.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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