Investing.com - NextEra Energy (NYSE:NEE) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NextEra Energy announced earnings per share of $2.61 on revenue of $4.20B. Analysts polled by Investing.com anticipated EPS of $2.49 on revenue of $5.17B.
NextEra Energy shares are up 16.03% from the beginning of the year and are trading at $284.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.15% from the start of the year.
NextEra Energy shares gained 1.08% in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy's report follows an earnings matched by Kinder Morgan on Wednesday, who reported EPS of $0.17 on revenue of $2.56B, compared to forecasts EPS of $0.17 on revenue of $2.89B.
Avangrid Inc had missed expectations on Tuesday with second quarter EPS of $0.32 on revenue of $1.39B, compared to forecast for EPS of $0.34 on revenue of $1.46B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar