NextEra Energy Partners LP (NEP) reported earnings for its second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $62 million, or $0.66 per share. This compares with $49 million, or $0.53 per share, in last year's second quarter.
Analysts on average had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 22.9% to $360 million from $293 million last year.
NextEra Energy Partners LP earnings at a glance (GAAP) :
-Earnings (Q2): $62 Mln. vs. $49 Mln. last year.-EPS (Q2): $0.66 vs. $0.53 last year.-Revenue (Q2): $360 Mln vs. $293 Mln last year.
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