Investing.com - NextEra Energy (NYSE:NEE) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
NextEra Energy announced earnings per share of $0.41 on revenue of $5.05B. Analysts polled by Investing.com anticipated EPS of $0.3863 on revenue of $6.26B.
NextEra Energy shares are up 5% from the beginning of the year, still down 12.60% from its 52 week high of $93.73 set on December 31, 2021. They are outperforming the S&P 500 which is down 7.47% from the start of the year.
NextEra Energy shares lost 1.16% in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
NextEra Energy's report follows an earnings beat by FirstEnergy on October 28, 2021, who reported EPS of $0.82 on revenue of $3.1B, compared to forecasts EPS of $0.792 on revenue of $3.04B.
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