NextEra Energy Earnings Beat, Revenue Misses In Q2
2022.07.22 15:22
NextEra Energy Earnings Beat, Revenue Misses In Q2
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 $0.81 on revenue of $5.18B. Analysts polled by Investing.com anticipated EPS of $0.7483 on revenue of $5.31B.
NextEra Energy shares are down 8% from the beginning of the year, still down 15.85% from its 52 week high of $93.73 set on December 31, 2021. They are outperforming the S&P 500 which is down 16.1% from the start of the year.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy’s report follows an earnings beat by American Electric Power on April 28, who reported EPS of $1.22 on revenue of $4.6B, compared to forecasts EPS of $1.19 on revenue of $4.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar