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NextEra Energy Partners LP (NEP) revealed earnings for its fourth quarter that increased from last year.


RTTNews | Jan 26, 2021 07:43AM EST

07:43 Tuesday, January 26, 2021 (RTTNews.com) - NextEra Energy Partners LP (NEP) revealed earnings for its fourth quarter that increased from last year.

The company's profit came in at $64 million, or $0.85 per share. This compares with $34 million, or $0.50 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.9% to $212 million from $206 million last year.

NextEra Energy Partners LP earnings at a glance:

-Earnings (Q4): $64 Mln. vs. $34 Mln. last year.-EPS (Q4): $0.85 vs. $0.50 last year.-Analysts Estimate: $0.30-Revenue (Q4): $212 Mln vs. $206 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3163377/nextera-energy-partners-lp-bottom-line-advances-in-q4.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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