NextEra Energy (NYSE:NEE) reported third quarter earnings that missed analyst's expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.1 on revenue of $4.42B. Analysts polled by anticipated EPS of $2.14 on revenue of $4.94B. That compared to EPS of $1.25 on revenue of $4.81B in the same period a year earlier. The company had reported EPS of $2.11 on revenue of $4.07B in the previous quarter.
NextEra Energy shares slightly moved 0.00% to trade at $172.66 in pre-market trade following the report.
For the year, NextEra Energy shares are up 10.38%, outperforming the S&P 500 which is up 2.69% year to date.
NextEra Energy follows other major Utilities sector earnings this month
On October 17, Kinder Morgan (NYSE:KMI) reported third quarter EPS of $0.21 on revenue of $3.52B, compared to forecasts of EPS of $0.21 on revenue of $3.55B.
Nextera Energy Partners LP earnings beat analyst's expectations on Tuesday, with third quarter EPS of $0.58 on revenue of $178M. analysts expected EPS of $0.38 on revenue of $263.22M
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
