NextEra Energy Earnings Beat, Revenue Misses In Q1

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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’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