Investing.com - NextEra Energy (NYSE:NEE) reported on Thursday first quarter earnings 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 and are trading at $82.05 , down-from-52-week-high.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 Friday, March 25, 2022, 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.
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