NextEra Energy Earnings Beat, Revenue Misses In Q1

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NextEra Energy announced earnings per share of $2.38 on revenue of $4.61B. Analysts polled by Investing.com anticipated EPS of $2.16 on revenue of $4.62B. That with comparison to EPS of $2.2 on revenue of $4.08B in the same period a year before. NextEra Energy had reported EPS of $1.44 on revenue of $4.59B in the previous quarter. Analysts are expecting EPS of $2.49 and revenue of $5.17B in the upcoming quarter.

NextEra Energy shares are down 2.78% from the beginning of the year , still down 16.92% from its 52 week high of $283.35 set on February 18. They are outperforming the S&P 500 which is down 15.66% year to date.

NextEra Energy shares gained 0.68% in pre-market trade following the report.

NextEra Energy’s report follows an earnings beat by Sabesp ADR on March 27, who reported EPS of $0.39 on revenue of $783.2M, compared to forecasts EPS of $0.22 on revenue of $874.03M.

PNM Resources had beat expectations on April 13 with first quarter EPS of $0.18 on revenue of $333.62M, compared to forecast for EPS of $0.17 on revenue of $193.55M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar