Tag Archives: nextera

FPL Group (FPL) Halts Streak Of Revenue Growth.. Blame It On El Nino

FPL Group (FPL) beat Wall St estimates this morning, posting .79/share, but the positives stop there.  Quarter over quarter revenue growth came to a halt for the the first time in a few years with a 12% decrease over the year ago quarter.  Earnings also decreased from the year ago quarter.. by 9%.

The company attributed some of the weakness to its NextEra unit which was hit by the extension of a planned outage … Read the rest