WASHINGTON (dpa-AFX) - NextEra Energy, Inc. (NEE) released a profit for its first quarter that gained ground compared to the same period last year.
The company said its bottom line totaled $820 million, or $1.75 per share. This was higher than $732 million, or $1.59 per share, in last year's first quarter.
Analysts had expected the company to earn $1.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 3.7% to $3.97 billion. This was up from $3.83 billion last year.
NextEra Energy, Inc. earnings at a glance:
-Earnings (Q1): $820 Mln. vs. $732 Mln. last year. -Earnings Growth (Y-o-Y): 12.0% -EPS (Q1): $1.75 vs. $1.59 last year. -EPS Growth (Y-o-Y): 10.1% -Analysts Estimate: $1.51 -Revenue (Q1): $3.97 Bln vs. $3.83 Bln last year. -Revenue Change (Y-o-Y): 3.7%
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