Investing.com - 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 $1.49 on revenue of $4.39B. Analysts polled by Investing.com expected EPS of $1.54 on revenue of $4.84B. That compared to EPS of $1.25 on revenue of $4.01B in the same period a year earlier. The company had reported EPS of $2.18 on revenue of $4.42B in the previous quarter.
NextEra Energy shares gained 0.62% to trade at $181.40 in pre-market trade following the report.
NextEra Energy follows other major Utilities sector earnings this month
On January 16, Kinder Morgan reported fourth quarter EPS of $0.25 on revenue of $3.78B, compared to forecasts of EPS of $0.26 on revenue of $3.82B.
American Electric Power earnings beat analyst's expectations on Thursday, with fourth quarter EPS of $0.72 on revenue of $3.8B. Investing.com analysts expected EPS of $0.71 on revenue of $3.89B
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