Investing.com - NextEra Energy (NYSE:NEE) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NextEra Energy announced earnings per share of $0.4 on revenue of $4.40B. Analysts polled by Investing.com anticipated EPS of $0.3796 on revenue of $5.55B.
NextEra Energy shares are up 12.6% from the beginning of the year and are trading at $87.50 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.64% from the start of the year.
NextEra Energy shares gained 0.73% in pre-market trade the report.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy's report follows an earnings beat by Kinder Morgan on Wednesday, January 20, 2021, who reported EPS of $0.27 on revenue of $3.12B, compared to forecasts EPS of $0.2397 on revenue of $3.05B.
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