Investing.com - NextEra Energy (NYSE:NEE) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.35 on revenue of $4.97B. Analysts polled by Investing.com expected EPS of $2.29 on revenue of $4.7B. That compared to EPS of $2.11 on revenue of $4.07B in the same period a year earlier. The company had reported EPS of $2.2 on revenue of $4.08B in the previous quarter.
For the year, NextEra Energy shares are up 19.26%, under-performing the S&P 500 which is up 21.34% year to date.
NextEra Energy follows other major Utilities sector earnings this month
On Wednesday, July 17, 2019, Kinder Morgan reported second quarter EPS of $0.22 on revenue of $3.21B, compared to forecasts of EPS of $0.24 on revenue of $3.6B.
FirstEnergy earnings matched analyst's expectations on Tuesday, with second quarter EPS of $0.61 on revenue of $2.5B. Investing.com analysts expected EPS of $0.61 on revenue of $2.68B
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