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 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.
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