Investing.com - NextEra Energy (NYSE:NEE) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NextEra Energy announced earnings per share of $2.66 on revenue of $4.79B. Analysts polled by Investing.com anticipated EPS of $2.62 on revenue of $5.46B.
NextEra Energy shares are up 24.29% from the beginning of the year, still down 2.29% from its 52 week high of $308.04 set on October 12. They are outperforming the S&P 500 which is up 6.57% from the start of the year.
NextEra Energy shares gained 0.34% in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy's report follows an earnings missed by Avangrid Inc on Tuesday, who reported EPS of $0.32 on revenue of $1.47B, compared to forecasts EPS of $0.41 on revenue of $1.52B.
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