NextEra Energy (NYSE:NEE) reported fourth quarter earnings that missed analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.44 on revenue of $4.59B. Analysts polled by anticipated EPS of $1.49 on revenue of $4.65B. That compared to EPS of $1.49 on revenue of $4.39B in the same period a year earlier. The company had reported EPS of $2.39 on revenue of $5.57B in the previous quarter.
NextEra Energy shares gained 0.74% to trade at $262.00 in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
On Wednesday, Kinder Morgan reported fourth quarter EPS of $0.26 on revenue of $3.35B, compared to forecasts of EPS of $0.26 on revenue of $3.63B.
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