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NextEra Energy, Inc. Q1 Earnings Advance 12%

NextEra Energy, Inc. (NEE) released a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $820 million, or $1.75 per share. This was higher than $732 million, or $1.59 per share, in last year's first quarter.

Analysts had expected the company to earn $1.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.7% to $3.97 billion. This was up from $3.83 billion last year.

NextEra Energy, Inc. earnings at a glance:

-Earnings (Q1): $820 Mln. vs. $732 Mln. last year.
-Earnings Growth (Y-o-Y): 12.0%
-EPS (Q1): $1.75 vs. $1.59 last year.
-EPS Growth (Y-o-Y): 10.1%
-Analysts Estimate: $1.51
-Revenue (Q1): $3.97 Bln vs. $3.83 Bln last year.
-Revenue Change (Y-o-Y): 3.7%

by RTTNews Staff Writer

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