NextEra Energy, Inc.
reported third-quarter 2021 adjusted earnings of 75 cents per share, which beat the Zacks Consensus Estimate of 72 cents by 4.2%. The bottom line was also up 11.9% from 67 cents per share in the prior-year quarter.
This year-over-year improvement was owing to the solid performance of all businesses and the expansion of its customer base.
On a GAAP basis, the company recorded earnings of 23 cents compared with 62 cents per share in the year-ago quarter.
For the third quarter, NextEra’s operating revenues were $4,370 million, which lagged the Zacks Consensus Estimate of $5,896 million by 25.9%. The top line also dipped 8.7% year over year.
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